Robinhood Announces Workforce Reduction and Record Trading Volumes

Robinhood (NASDAQ:HOOD) rose over 8% after announcing a planned 10% workforce reduction alongside record June trading volumes. The move was described as proactive, with analysts raising price targets on the stock.

By Josh Kohn-Lindquist, The Motley Fool Thu, June 18, 2026 at 2:00 AM GMT+3 2 min read · Yahoo Finance · June 17, 2026, 23:00 UTC

Robinhood Announces Workforce Reduction and Record Trading Volumes

Tickers: $HOOD $IBKR $SCHW

Topics: price_target_changes stock_movement trading_volumes workforce_reduction

Read the full article at Yahoo Finance

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