Robinhood Shares Post Worst Week Since 2021 as Rally Ends
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Robinhood Markets Inc. shares saw their worst week since December 2021, a sharp pullback from a crypto-fueled surge that followed the election of President Donald Trump.
The stock recorded a 21% weekly decline, dropping in all four trading sessions of the holiday-shortened week. US stock indexes including the S&P 500 and the Dow Jones closed in the red on Friday.