Robinhood Drops 4%, Webull Tumbles 6% as NASDAQ 100 Selloff and Crypto Dip Hit Retail-Brokerage Stocks

3 weeks ago 22

David Moadel

Fri, July 17, 2026 astatine 11:12 AM CDT 5 min read

Quick Read

  • HOOD fell 4% and BULL dropped 6% connected nary company-specific news. Profit-taking deed some stocks aft gains of betwixt 10% and 12% past month.

  • QQQ slipped conscionable 1% intraday portion HOOD and BULL swung respective times harder, revealing a textbook high-beta amplification of wide tech weakness.

  • Bitcoin holding supra $63,000 this play is the cardinal near-term trigger, since crypto gross remains a nonstop unit constituent for some brokerages.

  • Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Robinhood didn't marque the cut. Grab the names FREE today.

Robinhood Markets (NASDAQ:HOOD) banal is down 4% to $102 successful Friday's midday session, portion Webull (NASDAQ:BULL) shares person slid 6% to astir $7. Retail-brokerage names are getting deed arsenic the portion turns risk-off.

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The determination crossed Robinhood and Webull is broad-based crossed retail brokerages. A thorough quality cheque turned up nary caller headlines from either brokerage this morning, which frames today's enactment arsenic profit-taking aft caller gains.

The NASDAQ 100 is down 1.16% intraday, and Bitcoin (CRYPTO:BTC) is down 2% implicit the past 24 hours to $63,208. Both are nonstop unit points for high-beta brokerage stocks with meaningful crypto-trading exposure.

Risk-Off Session Drives the Selloff

Robinhood and Webull aren't NASDAQ 100 members, but they commercialized similar leveraged proxies for it. When large-cap tech softens, high-beta fintech tends to amplify the move, and contiguous is textbook.

The cryptocurrency space matters here. Robinhood's Q1 2026 crypto trading gross fell 47% twelvemonth implicit twelvemonth to $134 million, and the institution is inactive delicate to token terms swings. Webull relaunched U.S. crypto trading done its Webull Pay acquisition, truthful it carries akin vulnerability astatine a smaller scale.

Both HOOD banal and BULL banal had besides tally up sharply heading into this week. Robinhood shares gained 10% implicit the past period done July 16, and Webull shares climbed 12% implicit the aforesaid span. Some of today's air-letting is simply profit-taking.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Robinhood didn't marque the cut. Grab the names FREE today.

QQQ arsenic the Broad-Market Read

The Invesco QQQ Trust (NASDAQ:QQQ) a cleanable NASDAQ 100 proxy for the day's tone. The ETF is down astir 1% intraday, and disconnected 3% implicit the past month.

The QQQ ETF is simply a large-cap, tech-heavy money and is not leveraged. Robinhood shares and Webull shares are swinging respective times harder than the scale today, which is what happens erstwhile high-beta names conscionable a wide de-risking bid.

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