Robinhood (HOOD) launches cash‑delivery with Gopuff; stock sinks ~9% as 2x short ETF debuts and insiders file sales — November 13, 2025
Robinhood launched a cash delivery service with Gopuff in New York, charging $6.99 per order, or $2.99 for high-asset users. HOOD shares dropped about 9% intraday to $120. Defiance ETFs debuted a 2x daily short ETF on HOOD. CFO Jason Warnick and director Jonathan Rubinstein disclosed insider share sales dated Nov. 11 under 10b5-1 plans.