Movement Alert｜Robinhood Rises 3.04% in Pre-Market Trading, Launches Weekend 24-Hour Stock Trading and New Products at Annual Summit

Market Focus

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On September 30, Robinhood rose 3.04% in pre-market trading, trading at $119.75/share, with turnover of approximately $15.49 million.

On the news front, Robinhood announced it will allow users to trade select U.S. stocks around the clock on weekends, marking the company's first-ever weekend trading feature and a critical step in the race toward 24/7 market access. The announcement came during the company's annual HOOD Summit, where co-founder Vlad Tenev also unveiled prediction market betting — enabling users to wager on earnings beats or revenue targets — as well as perpetual futures trading for eligible U.S. clients. These launches collectively expand the platform's product suite across equities, derivatives, and crypto-adjacent offerings.

On the institutional side, Deutsche Bank trimmed its price target to $134 from $138 while maintaining a Buy rating. The consensus analyst target stands at approximately $134.74, still well above the current trading level. Technically, HOOD has displayed a bullish golden cross formation since August, with the 50-day moving average sustaining above the 200-day, supporting a longer-term uptrend. The stock remains below its 52-week high of $153.86.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HOOD","symbol_name":"Robinhood","start_time":0,"source_url":"","article_id":"1141703988","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1141703988","pubTimestamp":1790764511,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 30, Robinhood rose 3.04% in pre-market trading, trading at $119.75/share, with turnover of approximately $15.49 million.On the news front, Robinhood announced it will allow users to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HOOD":"Robinhood"},"translate_title":"走势警报|Robinhood盘前交易上涨3.04%，在年度峰会上推出周末24小时股票交易和新产品","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HOOD":1},"content_text":"On September 30, Robinhood rose 3.04% in pre-market trading, trading at $119.75/share, with turnover of approximately $15.49 million.On the news front, Robinhood announced it will allow users to trade select U.S. stocks around the clock on weekends, marking the company's first-ever weekend trading feature and a critical step in the race toward 24/7 market access. 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