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News

Robinhood Halts 24 Hour Trading!

2 hours ago - Around 2 mins mins to read

Key Points:

  • Robinhood halts its 24-hour trading service due to market volatility and stability concerns.
  • Significant losses include Google -11%, Amazon -10%, Microsoft -9%, NVIDIA -11%, Apple -10%, Meta -10%, Tesla -10%.
Robinhood halted its 24-hour trading service as the Market’s high volatility saw steep falls for major tech stocks.
Robinhood Halts 24 Hour Trading!

The trading platform, notable for its free trading and somewhat user-friendly environment, said that the primary reason for Robinhood halt was the need to reevaluate and ensure steadiness in its trading environment.

Read more: Japan’s Nikkei Drop 14%: Worst One-Day Plunge Since 1987!

Major Tech Stocks Experience Significant Declines

Robinhood Halts 24 Hour Trading!

It was a bolt from the blue for retail investors used to the long hours offered by Robinhood. This comes after recent massive losses in the stock market, where the majority of the large technology stocks have lost most of their prices, including:

  • Google (GOOGL): -11%
  • Amazon (AMZN): -10%
  • Microsoft (MSFT): -9%
  • NVIDIA (NVDA): -11%
  • Apple (AAPL): -10%
  • Meta (META): -10%
  • Tesla (TSLA): -10%

These sharp declines align with a broader market trend spurred by fears of rising interest rates, inflation, and slowing economies. Concerns about the wider economic environment are increasingly making investors edgy. Large sell-offs in high-growth tech stocks have been market leaders over recent years.

Robinhood, meanwhile, has drawn mixed reactions from its decision to pause 24-hour trading.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Robinhood

Robinhood Halt

Robinhood Halts 24 Hour Trading

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Robinhood Halts 24 Hour Trading!

Key Points:

  • Robinhood halts its 24-hour trading service due to market volatility and stability concerns.
  • Significant losses include Google -11%, Amazon -10%, Microsoft -9%, NVIDIA -11%, Apple -10%, Meta -10%, Tesla -10%.
Robinhood halted its 24-hour trading service as the Market’s high volatility saw steep falls for major tech stocks.
Robinhood Halts 24 Hour Trading!

The trading platform, notable for its free trading and somewhat user-friendly environment, said that the primary reason for Robinhood halt was the need to reevaluate and ensure steadiness in its trading environment.

Read more: Japan’s Nikkei Drop 14%: Worst One-Day Plunge Since 1987!

Major Tech Stocks Experience Significant Declines

Robinhood Halts 24 Hour Trading!

It was a bolt from the blue for retail investors used to the long hours offered by Robinhood. This comes after recent massive losses in the stock market, where the majority of the large technology stocks have lost most of their prices, including:

  • Google (GOOGL): -11%
  • Amazon (AMZN): -10%
  • Microsoft (MSFT): -9%
  • NVIDIA (NVDA): -11%
  • Apple (AAPL): -10%
  • Meta (META): -10%
  • Tesla (TSLA): -10%

These sharp declines align with a broader market trend spurred by fears of rising interest rates, inflation, and slowing economies. Concerns about the wider economic environment are increasingly making investors edgy. Large sell-offs in high-growth tech stocks have been market leaders over recent years.

Robinhood, meanwhile, has drawn mixed reactions from its decision to pause 24-hour trading.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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