Robinhood is the only broker to help customers navigate these volatile times with 24/5 trading on equities, crypto, and futures. https://t.co/Wdl4Q71i0b
$HOOD | Robinhood: Since bringing futures to all customers a month ago, 2.4 million contracts have been traded on Robinhood.
Robinhood $HOOD just said 2.4 Million futures contracts have been traded on the platform since it added futures last month
Compass Point has initiated coverage of Robinhood Markets, Inc. (ticker: $HOOD) with a 'Buy' rating and a price target of $61. The firm noted that Robinhood is well-positioned in the cryptocurrency market and anticipates an increase in average revenue per user (ARPU) from its 12 million crypto users, alongside improving regulatory conditions in the U.S. Additionally, Robinhood reported that since the introduction of futures trading last month, 2.4 million futures contracts have been traded on its platform. The company emphasizes its commitment to providing 24/5 trading services across equities, crypto, and futures, positioning itself as a key player in navigating market volatility.
