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These 2 Nasdaq Stocks Hit All-Time Lows Tuesday


Wall Street had another down day on Tuesday, and this time, it didn't look as though the market would be able to rebound before the end of the trading session. As of 2:30 p.m. ET, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down almost 3% to 12,645, coming to within 100 points of its worst levels of the past year and further exacerbating the bear-market drop that the index has suffered.

Plenty of stocks in the Nasdaq have contributed to the decline, but a couple of high-profile stocks have taken much bigger hits and seen their share prices fall to unprecedented levels. Below, we'll look more closely at why Coinbase Global (NASDAQ: COIN) and Robinhood Markets (NASDAQ: HOOD) hit all-time lows on Tuesday and what the future could hold for their respective stocks.

Image source: Getty Images.

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Source Fool.com

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