HOOD Stock Surges as Robinhood’s New Bets Gain Traction

TLDR HOOD stock closed more than 16% higher before extending gains in overnight trading. Robinhood Trust Accounts have attracted over $150 million in deposits since their August launch. The average trust account size is about $500,000, showing demand from customers with larger portfolios. Robinhood Chain has recorded $34.6 billion in DEX trading volume and $1.27 [...]

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