Stock Track | Robinhood Stock Plummets 5.03% Amid Regulatory Concerns Over Crypto Services

Stock Track01-16

Robinhood Markets Inc. (NASDAQ: HOOD) saw its shares drop sharply by 5.03% during Thursday's intraday session, underperforming the broader market.

The decline follows CEO Vlad Tenev's public frustration over U.S. regulatory "gridlock" limiting key crypto features like staking and tokenized stocks on Robinhood's platform. Tenev emphasized the need for legislation to "unlock innovation," but delays in crypto market structure bills have heightened investor concerns about growth constraints.

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