Robinhood Markets (HOOD) Stock Hits A New All-Time High: What's Going On?

1. Robinhood's user base grew to 25.9 million, an annual increase of 1.8 million. 2. Total platform assets surged to $255 billion, an 89% year-over-year increase. 3. Trading volumes in equity jumped 108% to $180.5 billion in May. 4. Mizuho and Goldman Sachs raised HOOD's price targets, reflecting positive sentiment. 5. Redburn Atlantic downgraded HOOD from Neutral to Sell with a price target of $48.