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flag Robinhood stock dropped 9.6% on Feb. 2, 2026, due to a crypto downturn affecting trading revenue and investor concerns.

flag Robinhood (HOOD) shares fell 9.6% on February 2, 2026, amid a broader crypto market downturn, with Bitcoin's decline weighing on the brokerage’s trading revenue. flag The drop, driven by falling customer asset values and reduced activity, marked a 20.7% year-to-date decline and a 40.1% drop from its 52-week high. flag The stock traded near $90 with a market cap of $89 billion, reflecting ongoing volatility tied to cryptocurrency trends and investor concerns over valuation, despite strong revenue growth and user expansion.

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