As seen on the 24/7 Wall St. homepage on November 5, 2026.
A 10.54% drop to $76.75 from an $85.79 open wipes out roughly $7 billion of market value in one session, an outsized swing even for a name that trades with retail sentiment. Keep an eye on whether buyers step in near this level.
Mentioned: HOOD
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A 7.2% drop to $79.62 trims roughly $4 billion off the brokerage's $63.2 billion market value in a single session. Whether $79.62 holds is the level to keep an eye on.
Rosenblatt is holding a $135 Buy on Robinhood and calling the post-earnings slide an entry point.
Wall Street cuts its price targets on Robinhood $HOOD following its Q3 earnings, despite several analysts seeing a buying opportunity: Rosenblatt: $135 (Buy) – Maintains target; sees earnings-related weakness as a buying opportunity amid strong growth initiatives. Truist: $134 https://t.co/W1UkKlifmW
Robinhood co-founder Baiju Bhatt converted Class B shares and cleared out the entire Class A position the same day, roughly $5.1 million sold between $99 and $102. He still holds about 46.8 million Class B shares, and the selling price marks where a founder was willing to take cash.
Storage names are taking the brunt of the open, with Seagate down 14.8%. On the other side, ON Semiconductor leads the gainers, leaving the spread across this stock universe at roughly 21 points in a single session.