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Robinhood (HOOD) Stock Falls 5% on ARK Selling and Nasdaq Weakness

By Trader Edge at 2026-07-17 14:39

Sentiment: Negative

TLDR HOOD stock fell ~5% Friday with no company-specific news driving the drop ARK Invest sold over $7 million worth of HOOD across two separate transactions The Nasdaq fell over 1%, adding pressure on high-beta names like Robinhood Goldman Sachs raised its price target to $137; Piper Sandler holds a Buy at $135 Q2 2026 [...] The post Robinhood (HOOD) Stock Falls 5% on ARK Selling and Nasdaq Weakness appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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