HOOD Jumps in Premarket Buying and selling After Blowout February Exercise Ranges

HOOD Jumps in Premarket Buying and selling After Blowout February Exercise Ranges

by Jeremy

Shares of Robinhood rose over 11% in premarket buying and selling on Thursday after the net platform reported a giant improve in volumes throughout February.

In an replace after the market shut on Wednesday, the corporate stated buying and selling exercise elevated throughout all asset courses in contrast with January.

Fairness buying and selling quantity jumped 36% to $80.9 billion, choices contracts traded elevated 12% to $119.1 million and crypto volumes grew 10% to $6.5 billion. Whole belongings underneath custody rose 16% from January to $118.7 billion on the finish of February.

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