
Robinhood Markets (NASDAQ: HOOD) is experiencing significant growth across multiple facets of its business. The company's crypto trading volumes are projected to surge by 179% year-over-year in 2024, according to Visible Alpha consensus. Additionally, Robinhood's stock has risen by 162%, with analysts suggesting there is more room for growth. The platform has also surpassed $20 billion in total cumulative trading volume using its 24 Hour Market feature since its launch last year. Furthermore, Robinhood has doubled its free margin and recently cut margin rates in half, resulting in over 10% growth in 10 days, with 75% of that growth coming from existing users. CEO Vlad Tenev announced a 1% deposit match program set to roll out in two weeks. As the company expands internationally, its 24-hour trading feature is expected to grow further.
$HOOD BREAKING: Robinhood Chief Brokerage Officer today was asked about Robinhood slashing margin rates in half at the Piper Sandler conference and said... "We cut margin rates 10 days ago and we've seen over 10% growth in 10 days. 75% of that is coming from existing users who… https://t.co/YvpDH4Tt4v
Robinhood $HOOD has now surpassed $20 Billion in total cumulative trading volume using its 24 Hour Market feature https://t.co/gmSvVs8aND
$HOOD BREAKING: Robinhood has now passed $20B in overnight trading volumes over the past year. Very few brokers have architected the PRODUCT EXPERIENCE of 24 hour trading. As $HOOD expands internationally, 24 hour trading will only grow and from my observations, the overnight… https://t.co/UAjTCkIw1x


