Robinhood Stock Tumbles 20% -- WSJ

Dow Jones

Mar 11

By Hannah Erin Lang

It's been a bad day for financial-sector stocks. Robinhood Markets was among those leading the downslide.

The brokerage's shares tumbled nearly 20% Monday, as recession fears and other market jitters dragged on bank and brokerage stocks. Charles Schwab stock fell roughly 4.5%, and shares of Interactive Brokers dropped 13%.

But the decline is a sharp reversal of fortune for Robinhood, whose shares surged after the election and climbed 27% in the first two months of 2025.

On Friday, the Financial Industry Regulatory Authority said Robinhood would pay roughly $30 million to settle an investigation into a range of violations, some of which dated back more than a decade.

Also dragging on brokerage stocks are crypto concerns. Bitcoin was trading below $80,000 Monday, after the Trump administrations' plans for a U.S. crypto reserve disappointed some investors. At a White House Crypto Summit on Friday, officials stopped short of announcing plans for the government to purchase bitcoin or other cryptocurrencies.

In the fourth quarter, more than half of the revenue Robinhood earned on customer trades came from crypto transactions.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 10, 2025 17:17 ET (21:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

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.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2518863077"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2518863077\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2518863077?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-11 05:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2518863077","market":"hk","top_or_hot":-1,"title":"Robinhood Stock Tumbles 20% -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Hannah Erin Lang \n</p>\n<p>\n     It's been a bad day for financial-sector stocks. <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> Markets was among those leading the downslide. \n</p>\n<p>\n     The brokerage's shares tumbled nearly 20% Monday, as recession fears and other market jitters dragged on bank and brokerage stocks. Charles Schwab stock fell roughly 4.5%, and shares of Interactive Brokers dropped 13%. \n</p>\n<p>\n     But the decline is a sharp reversal of fortune for Robinhood, whose shares surged after the election and climbed 27% in the first two months of 2025. \n</p>\n<p>\n     On Friday, the Financial Industry Regulatory Authority said Robinhood would pay roughly $30 million to settle an investigation into a range of violations, some of which dated back more than a decade. \n</p>\n<p>\n     Also dragging on brokerage stocks are crypto concerns. Bitcoin was trading below $80,000 Monday, after the Trump administrations' plans for a U.S. crypto reserve disappointed some investors. At a White House Crypto Summit on Friday, officials stopped short of announcing plans for the government to purchase bitcoin or other cryptocurrencies. \n</p>\n<p>\n     In the fourth quarter, more than half of the revenue Robinhood earned on customer trades came from crypto transactions. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 17:17 ET (21:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Stock Tumbles 20% -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Stock Tumbles 20% -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-11 05:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Hannah Erin Lang \n</p>\n<p>\n     It's been a bad day for financial-sector stocks. <a href=\"https://laohu8.com/S/HOOD\">Robinhood</a> Markets was among those leading the downslide. \n</p>\n<p>\n     The brokerage's shares tumbled nearly 20% Monday, as recession fears and other market jitters dragged on bank and brokerage stocks. Charles Schwab stock fell roughly 4.5%, and shares of Interactive Brokers dropped 13%. \n</p>\n<p>\n     But the decline is a sharp reversal of fortune for Robinhood, whose shares surged after the election and climbed 27% in the first two months of 2025. \n</p>\n<p>\n     On Friday, the Financial Industry Regulatory Authority said Robinhood would pay roughly $30 million to settle an investigation into a range of violations, some of which dated back more than a decade. \n</p>\n<p>\n     Also dragging on brokerage stocks are crypto concerns. Bitcoin was trading below $80,000 Monday, after the Trump administrations' plans for a U.S. crypto reserve disappointed some investors. At a White House Crypto Summit on Friday, officials stopped short of announcing plans for the government to purchase bitcoin or other cryptocurrencies. \n</p>\n<p>\n     In the fourth quarter, more than half of the revenue Robinhood earned on customer trades came from crypto transactions. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 10, 2025 17:17 ET (21:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1064131342.USD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2518863077","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518863077","pubTimestamp":1741641420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"It's been a bad day for financial-sector stocks. Robinhood Markets was among those leading the downslide.The brokerage's shares tumbled nearly 20% Monday, as recession fears and other market jitters dragged on bank and brokerage stocks. Charles Schwab stock fell roughly 4.5%, and shares of Interactive Brokers dropped 13%.But the decline is a sharp reversal of fortune for Robinhood, whose shares surged after the election and climbed 27% in the first two months of 2025.On Friday, the Financial Industry Regulatory Authority said Robinhood would pay roughly $30 million to settle an investigation into a range of violations, some of which dated back more than a decade.Also dragging on brokerage stocks are crypto concerns. Bitcoin was trading below $80,000 Monday, after the Trump administrations' plans for a U.S. crypto reserve disappointed some investors. At a White House Crypto Summit on Friday, officials stopped short of announcing plans for the government to purchase bitcoin or other cryp","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4504":"桥水持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","BK4588":"碎股","LU1035773651.USD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (USD) INC","SCHW":"嘉信理财","SG9999001077.SGD":"United International Growth Fund SGD","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","LU1153585028.USD":"BGF GLOBAL LONG-HORIZON EQUITY  \"A4\" (USD) INC","HOOD":"Robinhood","BK4589":"SVB概念","SG9999014039.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) INC","LU1069347547.HKD":"AB SICAV I - GLOBAL VALUE PORTFOLIO \"AD\" (HKD) INC","IBKR":"盈透证券","LU0963586101.USD":"ALLIANZ GLOBAL SMALL CAP EQUITY \"AT\" ACC","BK4539":"次新股","SG9999014005.SGD":"United Global Durable Equities Fund Acc SGD","SG9999014021.USD":"UNITED GLOBAL DURABLE EQUITIES (USDHDG) ACC","SG9999014013.SGD":"United Global Durable Equities Fund Dis SGD","BK4581":"高盛持仓","LU0971096721.USD":"富达环球金融服务 A","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","BK4585":"ETF&股票定投概念","LU0106831901.USD":"贝莱德世界金融基金A2","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4127":"投资银行业与经纪业","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0345774391.USD":"NINETY ONE GSF AMERICAN FRANCHISE \"A\" (USD) ACC","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4547":"WSB热门概念","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD"},"translate_title":"Robinhood股价暴跌20%——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HOOD":1,"IBKR":0.9,"SCHW":0.9},"content_text":"By Hannah Erin Lang \n\n\n     It's been a bad day for financial-sector stocks. Robinhood Markets was among those leading the downslide. \n\n\n     The brokerage's shares tumbled nearly 20% Monday, as recession fears and other market jitters dragged on bank and brokerage stocks. Charles Schwab stock fell roughly 4.5%, and shares of Interactive Brokers dropped 13%. \n\n\n     But the decline is a sharp reversal of fortune for Robinhood, whose shares surged after the election and climbed 27% in the first two months of 2025. \n\n\n     On Friday, the Financial Industry Regulatory Authority said Robinhood would pay roughly $30 million to settle an investigation into a range of violations, some of which dated back more than a decade. \n\n\n     Also dragging on brokerage stocks are crypto concerns. Bitcoin was trading below $80,000 Monday, after the Trump administrations' plans for a U.S. crypto reserve disappointed some investors. At a White House Crypto Summit on Friday, officials stopped short of announcing plans for the government to purchase bitcoin or other cryptocurrencies. \n\n\n     In the fourth quarter, more than half of the revenue Robinhood earned on customer trades came from crypto transactions. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  March 10, 2025 17:17 ET (21:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}