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Benzinga

Business

Henry Khederian

Why Upstart And Robinhood Markets Shares Are Falling

UPST HOOD Upstart Robinhood Markets Nasdaq

Upstart Holdings Inc (NASDAQ:UPST) and Robinhood Markets Inc (NASDAQ:HOOD) are trading lower by 14% at $92.00 and 4.6% at $13.06, respectively. Shares of several banks and financial services companies, like Upstart, are trading lower amid overall US market weakness. Multiple stocks in the sector reported worse-than-expected quarterly earnings last week.

Traders and investors should note Robinhood Markets reports fourth-quarter earnings on Thursday, January 27, after market close.

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