Robinhood's stock experienced a significant surge following the release of its February statistics, which showed a robust increase in assets under custody and trading volumes. The company's assets under custody ended February at $118.7 billion, marking a 16% increase from January. Additionally, Robinhood recorded a $20 billion equity trade volume and a $600 million crypto notional volume for the month. This growth in trading activity led to Robinhood's stock hitting 52-week highs, with shares climbing nearly 13% in premarket trading on Thursday. The surge was also reflected in the options market, with expectations of the stock reaching over $30. The increase in trading volumes spanned across all asset classes, with equity trades up 36%, options by 12%, and crypto volumes by 10%. This financial performance has positioned Robinhood's stock at its highest level since 2021, indicating a significant rebound in retail trading.