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Benzinga

Business

Erica Kollmann

Robinhood's 4 Billion Prediction Boom Could Amplify Its 360% Stock Surge

Robinhood HOOD Vlad Tenev

The Robinhood Trade

Robinhood Markets, Inc. (NASDAQ:HOOD) stock has already surged 360% from its April lows, and a new catalyst could provide even more momentum to an already eye-popping rally.

Robinhood placed a major bet on the fast-growing market for event contracts—and it is paying off.

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