Markets
Robinhood (HOOD) Stock Falls 5% on ARK Selling and Nasdaq Weakness
CoinCentral·July 17, 2026·1 min read
Robinhood (HOOD) stock fell 5% on Friday amid ARK Invest selling over $7 million in shares and a 1% Nasdaq decline. Goldman Sachs raised its price target to $137, while Piper Sandler holds a Buy at $135. No company-specific news drove the drop, which affected high-beta names.
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