Robinhood shares surge as crypto market frenzy fuels record results
(Reuters) – Robinhood (HOOD) shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets. Retail trading rebounded significantly in 2024 as Bitcoin and U.S. stocks hit all-time highs,…