Analyst Downgrade

Robinhood Stock Falls as SpaceX IPO Allocation Goes to E*TRADE, Analyst Downgrade Hits

Robinhood shares slid to $66.02, now more than 50% below this year’s high after a double setback: a SpaceX IPO allocation reportedly went to E*TRADE and the stock was hit by an analyst downgrade. The combination intensified selling pressure on the retail brokerage.

Published at 2026-03-31 13:45:10