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Robinhood (HOOD) Stock: Why It Surged 8% on Tuesday

CoinCentral·August 26, 2026·1 min read
Robinhood (HOOD) Stock: Why It Surged 8% on Tuesday

Robinhood's stock surged 8.2% to $112.09 on Tuesday, driven by a Bitcoin rebound and rising retail trading activity. Optimism over a potential repeal of the U.S. day-trading rule boosted sentiment. Prediction markets are now Robinhood's fastest-growing business, with Bernstein forecasting volumes could hit $1 trillion annually by 2030.

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