** Shares of retail trading platform Robinhood HOOD.O down 13% to $38.67 on Mon amid broader retreat in equities
** Nasdaq .IXIC falls nearly 4% on the session to six-mth low as economic growth concerns mount .N
** Late Fri, HOOD agreed to pay $29.75 mln to end several Financial Industry Regulatory Authority (FINRA) probes into its supervision and compliance practices
** Menlo Park, California-based co did not admit or deny wrongdoing, saying it has remediated the problems, which date back to 2014
** Shares of HOOD also tend to track moves in bitcoin BTC=, which is off ~3% on Mon around the $81,500 mark
** Stock hit a 1-yr intraday high of $66.91 on Feb 13 after co reported eight-fold jump in transaction-based rev from crypto trading for Q4
** With move on the session, stock up nearly 130% over the past year
** 12 of 19 analysts covering HOOD rate stock "strong buy" or "buy", rest "hold"; median PT of $74.77 up from $54 a month ago and from $49 on Dec 10, per LSEG data
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.