Robinhood Stock Slides 8% After Big Decline in November Trading Volumes

Group 1 - Robinhood reported a decline in crypto trading volume to $28.6 billion in November, down 12% from October and 19% year-over-year [1] - Equity trading volumes also fell by 37% month-over-month to $201.5 billion, although they increased by 37% year-over-year [2] - Total platform assets for Robinhood decreased by 5% in November to $325 billion [2] Group 2 - The decline in trading volumes raises concerns about a potential cooling of retail trading activity, which could negatively impact earnings for a company reliant on transaction-based revenue [3] - Robinhood's shares dropped by 8% on Thursday, but are still up 216% year-to-date [3]