On July 2, Robinhood rose 3.02% in pre-market trading, trading at $111.85 USD/share, with turnover of $12.62 million.

On the news front, Mizuho raised its price target on Robinhood to $130 from $115 while maintaining an Outperform rating, marking the latest in a series of analyst upgrades. This follows Goldman Sachs lifting its target to $121 on July 1 and Deutsche Bank raising to $113 on June 30.

Simultaneously, Robinhood announced the launch of commodities, ETF, and forex perpetual futures on its European platform, alongside plans to introduce cryptocurrency services in the UK. BitGo also confirmed it will provide institutional wallet and custody infrastructure for the mainnet launch of Robinhood Chain, an Ethereum Layer 2 network. These developments signal accelerating international expansion and deepening blockchain integration. Additionally, Ark Invest recently purchased $1.6 million in Robinhood shares, reinforcing institutional confidence in the stock.

(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.)