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Robinhood Shares Fall 8% on November Trading Slump

The slowdown jeopardizes a transaction-driven business model that depends on active retail trading.

Overview

  • Crypto trading volume totaled $28.6 billion in November, down 12% from October and 19% from a year earlier.
  • Equity trading fell 37% month over month to $201.5 billion, though it remained about 37% higher than a year ago.
  • Total platform assets declined 5% to $325 billion, indicating limited withdrawals even as engagement eased.
  • Options activity also declined in November, but the company did not disclose specific volume figures.
  • Bitstamp volumes decreased about 11% in the period, and analysts are watching December data and macro signals for signs of a rebound.