Robinhood Markets 26th in Trading Volume with $2.025 Billion as Stock Price Declines

On June 13, 2025, Robinhood Markets (HOOD) experienced a trading volume of $2.025 billion, ranking 26th in the day's stock market activity. The stock price declined by 1.68%, marking the second consecutive day of losses, with a total decrease of 3.04% over the past two days.

Robinhood, established in 2013 by Vlad Tenev and Baiju Bhatt, has revolutionized the financial industry by offering commission-free stock trading. The company's app, launched in 2015, quickly gained traction among younger investors, challenging traditional brokerage firms. Robinhood's platform has expanded to include stock and ETF trading, options trading, cryptocurrency transactions, retirement accounts, and cash management services. The company is also exploring prediction markets and has introduced the Robinhood Wallet for self-custodial crypto storage, aiming to become a comprehensive financial services provider.

Robinhood's recent initiatives include plans to expand internationally, particularly in Europe and Asia, and to introduce services for institutional investors. The company is developing AI-powered investment tools and exploring Decentralized Finance (DeFi) integration to enhance its offerings. These efforts are part of Robinhood's strategy to make investing more accessible and technologically advanced, positioning itself as a key player in the fintech industry.

Baiju Bhatt, a director at Robinhood, recently sold $31 million worth of stock. This transaction, which involved the sale of 418,338 shares at an average price of $74.2904, is part of a series of insider trading activities reported in 2025. Bhatt's sale is notable given his significant role within the company and the substantial value of the transaction.