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).

Sources

Barron's@barronsonline
2 years ago
Robinhood Stock Jumps as Trading Volumes Surge. That Could Help Coinbase, Too. https://t.co/3TrLJjU6rv
PiQ@PiQSuite
2 years ago
⚠️ ROBINHOOD JUMPS AFTER ROBUST GROWTH IN ASSETS UNDER CUSTODY IN FEBRUARY Full Story → https://t.co/bXWMQps2QQ Robinhood Markets shares climbed nearly 13% in premarket trading on Thursday after the brokerage reported strong growth in assets under custody for the month of… https://t.co/rsf2Lag2iq
Satoshi Club@esatoshiclub
2 years ago
📈 #Robinhood shares surge 11% in premarket trading as the platform reports significant trading volume increases across all asset classes in February. 🔸Equity trades +36%, 🔸Options by +12%, 🔸#Crypto volumes +10%. Total assets under custody reach $118.7B. https://t.co/hl4ehYN02Y

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