Robinhood (HOOD) Stock: Chain Activity Slides 42% While Free Fee Promo Runs to December

Robinhood Chain daily transactions fell 42% to 6.2 million from mid-September, while spot trading volume dropped 21% in a week to $7.45 billion. Deposits rose 2% to $1.04 billion, indicating money is staying put. Network fees fell 39% to about $65,000 a day. Robinhood will pay wallet swap fees until Dec. 31.