Mar 13, 09:27 PM

Robinhood ($HOOD) Hits 52-Week High, Surges 13% in Premarket Trading on Strong Asset Growth and Trading Volume

Robinhood's stock ($HOOD) has seen significant growth in assets under custody, with a 16% increase from January to $118.7 billion in February. The company reported strong metrics, including a surge in trading volume and equity trade volume, leading to a 52-week high. This positive performance has led to a surge in premarket trading and a 13% climb in share value. Market analysts are debating the performance of Robinhood ($HOOD) compared to Coinbase ($COIN), with Robinhood showing strong retail trading activity and potential for further growth.

#Robinhood #Coinbase

Written with ChatGPT (GPT-3).