New York, March 1, 2026, 15:30 (EST) — The market has closed.
- Robinhood ended the week at $75.85, slipping 4.5% Friday and snapping a two-day winning streak.
- CFO Shiv Verma takes the stage Monday—investors will be watching closely for any hint on the company’s latest moves and strategic direction.
- Oil climbed after weekend geopolitical shocks, while traders fled to havens, kicking off a jittery week.
Robinhood Markets shares dropped 4.5% to close at $75.85 Friday, erasing gains from an 8% run-up over the last two sessions. The stock edged down another 0.5% after hours and has now lost roughly 16% since early February. Investing.com
U.S. markets are closed Sunday, leaving Monday in focus. That’s when Robinhood CFO Shiv Verma takes the stage at the Citizens Technology Conference, set for 2:00 p.m. ET. Investors will be tuned in for updates on customer trends, fresh product details, and how quickly the company is growing. Nasdaq
Sentiment has gotten shaky. When currency markets came online late Sunday, traders flocked to havens after U.S. and Israeli strikes hit Iran over the weekend. Oil traded over the counter was said to have surged between 8% and 10%, according to traders, who also flagged the risk of a global equities drop when markets reopen. Reuters
The risk-off tone was already evident ahead of the weekend. On Friday, the S&P 500 slid 0.43% while the Nasdaq dropped 0.92%, with investors grappling with fresh concerns over AI disruption, renewed tariff worries, and rising geopolitical tension, Reuters reported. “To wrap up the month of February, we were reminded there are still some cracks out there,” said Ryan Detrick, chief market strategist at Carson Group. Reuters
Things haven’t exactly been smooth at Robinhood. The company’s fourth-quarter revenue landed at $1.28 billion—underwhelming compared to the $1.34 billion analysts had penciled in. Crypto trading pulled in $221 million, falling short of the $248 million forecast, according to Reuters. Verma flagged the crypto pricing structure: “For those customers that trade a lot, they’re on the lower tier,” he said in comments to Reuters. Reuters
Investors are eyeing Robinhood’s latest move away from straightforward brokerage products. Back in February, Robinhood Ventures Fund I, a vehicle tied to the company, kicked off its IPO roadshow, pitching an offering that aims to sell 40 million shares at $25 apiece. The fund is set to list on the NYSE under the ticker “RVI,” according to a press release, with Goldman Sachs handling bookrunner duties. (A roadshow is when executives try to sell the IPO to potential investors.) Nasdaq
Robinhood’s separate statement called RVI a closed-end fund, aiming to let retail investors tap into private firms like Databricks, Ramp, and Revolut. The company said it’s lined up a deal to acquire Stripe shares after the payment giant’s IPO wraps up. CEO Vlad Tenev said in the release, “Opening up private markets will resolve one of the greatest longstanding inequities in capital markets today.” GlobeNewswire
All eyes are on Verma this Monday—he hasn’t been in the CFO role long. Per an SEC filing, Robinhood’s board tapped him as chief financial officer starting Feb. 6. Jason Warnick, the prior CFO, slides over to advisory duties through Sept. 1, 2026. SEC
Still, the basic risk for shareholders stands out: a polished conference message won’t shield them if the market sours. Should oil prices keep surging and risk appetite fades, high-beta fintech names such as Robinhood could take a hit, conference commentary or not.
It’s a packed stretch for HOOD. Traders looking for direction are eyeing Verma’s appearance at the Citizens conference—set for March 2, 2:00 p.m. ET—as the key event, with Robinhood needing to convince a jittery market it still has growth in the tank.
