Robinhood Stock Jumps as Trading Rebound Helps Drive Earnings Beat—Key Level to Watch

Key TakeawaysRobinhood shares jumped after reporting fourth-quarter earnings and revenue that came in ahead of analysts' expectations.Higher-than-anticipated interest income on customer loans and a rebound in cryptocurrency and equity trading underpinned the quarterly results.Robinhood shares face a key test near $13 at the top trendline of an established trading range. Robinhood Markets, Inc. Source: TradingView.com.Shares in Robinhood Markets (HOOD) rose sharply in pre-market trading Wednesday morning ...