--- title: "US Stock After-Hours Volatility: Rating Divergence Intensifies, J.P. Morgan Downgrades Valuation Causing HOOD to Drop 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/302651783.md" description: "Robinhood fell 3.06% in after-hours trading; Futu Holdings dropped 2.29% with a turnover of $1.51 million; Interactive Brokers declined 1.59% with a turnover of $453,900; Morgan Stanley fell 0.75% with a turnover of $433,600" datetime: "2026-10-22T05:24:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302651783.md) - [en](https://longbridge.com/en/news/302651783.md) - [zh-HK](https://longbridge.com/zh-HK/news/302651783.md) generator: "portal-rs" --- # US Stock After-Hours Volatility: Rating Divergence Intensifies, J.P. Morgan Downgrades Valuation Causing HOOD to Drop 3% **US Stock After-Hours Volatility** Robinhood fell 3.06% in after-hours trading. Based on recent key news: 1\. On October 20, Robinhood's Binance futures tokenized stocks dropped 4.51% to $95.45, falling below the 200-day simple moving average. Wolfe Research consequently downgraded the stock rating. 2\. On October 21, Rosenblatt Securities initiated coverage of Robinhood with a "Buy" rating and a target price of $135. This move drove the stock up 2.5% in pre-market trading. 3\. On October 22, JP Morgan analysts lowered the valuation multiples for Robinhood, reflecting concerns about its growth. Nevertheless, Mizuho analysts remained optimistic about its growth prospects, reaffirming their "Outperform" rating with a target price of $140. The favorable cryptocurrency regulatory environment may lead to increased trading volume. **Top Stocks by Industry Turnover** Futu Holdings fell 2.29% in after-hours trading. Based on recent key news: 1\. On October 20, after completing a $2.27 billion shelf registration, market skepticism regarding Futu Holdings' governance structure and financial disclosures increased, leading to stock price volatility. The market perceives a lack of complete financial records and board independence, which has affected investor confidence. 2\. In the first week of October, Futu Holdings' stock price rebounded by over 13%, outperforming the S&P index by approximately 12 percentage points, indicating market optimism about its short-term performance. However, in the long term, the market remains concerned about regulatory risks in the cross-border brokerage sector. 3\. On September 9, the implementation of new regulations on loan facilitation impacted Futu Holdings' business model, raising market concerns about its position in China's credit value distribution. Regulatory risks for cross-border brokerages have increased. Interactive Brokers fell 1.59% in after-hours trading. Based on recent key news: 1\. On October 21, Binance announced the listing of Interactive Brokers' US stock perpetual contracts, which may increase market attention on the stock and subsequently affect price volatility. Source: Jinse Finance 2\. On October 19, analyst Jose Luis Pascual maintained a "Sell" rating on Interactive Brokers with a target price of $41.90. Analyst ratings may exert pressure on the stock price. Source: TipRanks 3\. On October 19, Interactive Brokers announced its fourth-quarter dividend distribution, which may impact investor sentiment. Source: Public Technologies. Recent volatility in the US stock market has intensified, warranting attention to risks. Morgan Stanley fell 0.75% in after-hours trading. Based on recent key news: 1\. On October 19, Michael Wilson, Chief Equity Strategist at Morgan Stanley, stated that the stock market correction is nearing its end and advised investors to increase their risk exposure. This comment was based on quality factors breaking through to new highs and an intensifying divergence in earnings revisions, driving volatility in Morgan Stanley's stock price. 2\. On October 21, Morgan Stanley Capital Partners acquired The Rapid Group, expanding its business in the rotating equipment maintenance sector. This move is seen as a strategic expansion that may affect the stock price. 3\. On October 21, Morgan Stanley released its quarterly financial report, showing a 12% year-over-year decline in net revenue from investment management, putting pressure on the stock price. Analysts' cautious attitude toward high expectations exacerbated selling pressure. Quality stocks outperformed low-quality stocks, with clear market divergence. ### Related Stocks - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) - [FUTU.US](https://longbridge.com/en/quote/FUTU.US.md) - [IBKR.US](https://longbridge.com/en/quote/IBKR.US.md) - [MS.US](https://longbridge.com/en/quote/MS.US.md) ## Related News & Research - [Robinhood withholds 2026 total operating expense outlook on credit loss, regulatory uncertainty](https://longbridge.com/en/news/303282724.md) - ['The Best Prediction Markets Experience': Vlad Tenev Wants Robinhood Users to Have 'Choices' Too](https://longbridge.com/en/news/303342799.md) - [Citizens reiterates Market Outperform rating on Robinhood Markets, $165 price target](https://longbridge.com/en/news/303393643.md) - [These Analysts Slash Their Forecasts On Robinhood After Q3 Results](https://longbridge.com/en/news/303390074.md) - [Grok Bot Users Hit Unexpected Usage Limits as Musk Cites Rising Costs](https://longbridge.com/en/news/303989157.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**