Core Insights - Robinhood has experienced a significant recovery in its financial performance, positioning itself as a popular investment platform among Gen-Z and millennial investors [1][4] Financial Performance - Robinhood's stock has surged nearly 246% over the past year, with a $1,000 investment now valued at approximately $3,460 [2] - In Q3, Robinhood's revenue doubled year over year to $1.27 billion, while net income rose 271% to $556 million [4] - The company's gross margin stands at 89.78%, indicating strong profitability [6] Market Position - Robinhood's market capitalization is currently $119 billion, with a stock price of $131.95 [5][6] - The stock has shown a 52-week range between $29.66 and $153.86, reflecting its volatility [6] Business Expansion - The company is diversifying its offerings beyond stock trading, including ventures into prediction markets and operating a cryptocurrency exchange called Bitstamp [7] - Despite these expansions, Robinhood's core stock trading platform remains its primary revenue source [7]