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Robinhood unveils platinum credit card targeting affluent customers

NASDAQ:HOOD
Latest News
March 05 2026 6:45AM

Robinhood Markets Inc (NASDAQ:HOOD) on Wednesday introduced a new credit card designed for higher-income clients, marking another step in the company’s push to expand beyond its core trading platform and broaden its financial services offering.

The company said the new Platinum card will carry an annual fee of $695 and will be issued through Visa Inc (NYSE:V). Robinhood said the card features 99.9% pure platinum plating and includes a range of perks focused on travel and dining.

Access to the card will initially be by invitation only, although interested users can register on the company’s website to request eligibility.

The Platinum card becomes Robinhood’s second credit card product following the launch of its Gold card in 2024. According to the company, the new offering provides credit limits of up to five times those available on the Gold card.

The announcement came during Robinhood’s “Take Flight” event, where the company also introduced several additional financial products. These included new types of trading accounts, a platform providing tax insights, and a feature allowing customers to receive dividend payments up to a month earlier on certain eligible securities.

Robinhood stock price

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This article was written by the editorial team at InvestorsHub/ADVFN and is provided for informational purposes only. In some cases, editorial staff may use artificial intelligence–based tools to assist in the research, drafting, or editing of content, under human review and oversight. This article does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The views expressed are based on publicly available information believed to be reliable at the time of publication, but accuracy or completeness is not guaranteed. Readers should conduct their own independent research and consult a qualified financial professional before making any investment decisions.

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iHub News iHub News 6 days ago
Robinhood Shares Surge as SEC Removes $25K Day-Trading RequirementApril 15, 2026 10:27 AM
IH Market News
Robinhood Markets (NASDAQ:HOOD) shares jumped 6% on Wednesday, adding to a 10% gain in the previous session after the U.S. Securities and Exchange Commission approved changes to long-standing day-trading restrictions.The SEC on Tuesday cleared a broad overhaul of rules governing retail day trading, a move that has been welcomed by online brokerage platforms. Shares of Webull also rose 6% following the announcement.The changes stem from a proposal by the Financial Industry Regulatory Authority to revise the pattern day trader rule, which currently limits traders with less than $25,000 in their margin accounts to no more than four day trades within a five-day period.Under the revised framework, margin requirements will instead focus on ensuring that investors maintain enough equity to cover their real-time risk exposure. These updated standards will apply across all accounts, rather than targeting smaller investors specifically.Public feedback “overwhelmingly supported” the proposal, which includes the “elimination of the $25,000 minimum equity requirements and definition of pattern day trader,” SEC Assistant Secretary Sherry Haywood said in an official order.The regulatory shift is expected to benefit retail brokerage firms like Robinhood and Webull by potentially boosting trading volumes among smaller investors who were previously constrained by the $25,000 threshold. The pattern day trader rule had been in place for years as a safeguard against excessive risk-taking in margin accounts, though it had increasingly been criticized as outdated and overly restrictive.Robinhood stock price

Original: Robinhood Shares Surge as SEC Removes $25K Day-Trading Requirement
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iHub News iHub News 3 weeks ago
Bernstein Says Crypto Stocks May Be Approaching a Bottom Despite Weak Q1 OutlookApril 3, 2026 10:56 AM
IH Market News
Shares of companies tied to the cryptocurrency sector could be nearing a cyclical low, according to analysts at Bernstein, who said the recent downturn has created attractive entry points for investors.In a research note this week, the firm said geopolitical tensions combined with “temporary crypto weak sentiment is offering big discounts (~60% below 2025 peak) on crypto stocks.”Bernstein analyst Gautam Chhugani wrote that the sector continues to provide exposure to “trillion dollar markets with years of growth ahead,” including prediction markets, stablecoins, tokenized real-world assets and crypto derivatives.“We believe we will see a bottom in crypto stocks into weak Q1 earnings,” Chhugani wrote, pointing to what he described as deeply discounted valuations among leading companies in the space.According to Bernstein, Coinbase (NASDAQ:COIN) is currently trading at around 12 times its projected 2027 earnings, while Robinhood (NASDAQ:HOOD) is valued at about 18 times earnings and Figure (NASDAQ:FIGR) at roughly 25 times estimated 2027 EBITDA.The analyst also noted that Robinhood and Figure appear relatively insulated from swings in cryptocurrency trading activity.“Crypto is mere ~20% of HOOD revenues,” the report said, while Figure is described as “a pure blockchain tokenization business.”Bernstein expects Figure to generate around $12.8 billion in loan volumes in 2026, noting that monthly originations already surpassed $1 billion in March.For Robinhood, the firm projects revenue growth of roughly 30% between 2025 and 2027. That expansion is expected to be supported by increasing activity in prediction markets, a recovery in crypto trading volumes during the second half of 2026 and continued growth in non-trading revenue streams.Meanwhile, Bernstein forecasts that Coinbase could deliver earnings per share growth of about 23% in 2026, driven by expansion in stablecoins, derivatives trading and prediction markets.Bernstein maintains an Outperform rating on all three companies, arguing that the broader group of crypto-related equities is moving closer to a cyclical bottom.Coinbase stock priceRobinhood stock priceFigure Technology Solutions stock price

Original: Bernstein Says Crypto Stocks May Be Approaching a Bottom Despite Weak Q1 Outlook
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iHub News iHub News 2 months ago
Robinhood unveils platinum credit card targeting affluent customersMarch 5, 2026 6:45 AM
IH Market News
Robinhood Markets Inc (NASDAQ:HOOD) on Wednesday introduced a new credit card designed for higher-income clients, marking another step in the company’s push to expand beyond its core trading platform and broaden its financial services offering.The company said the new Platinum card will carry an annual fee of $695 and will be issued through Visa Inc (NYSE:V). Robinhood said the card features 99.9% pure platinum plating and includes a range of perks focused on travel and dining.Access to the card will initially be by invitation only, although interested users can register on the company’s website to request eligibility.The Platinum card becomes Robinhood’s second credit card product following the launch of its Gold card in 2024. According to the company, the new offering provides credit limits of up to five times those available on the Gold card.The announcement came during Robinhood’s “Take Flight” event, where the company also introduced several additional financial products. These included new types of trading accounts, a platform providing tax insights, and a feature allowing customers to receive dividend payments up to a month earlier on certain eligible securities.Robinhood stock price

Original: Robinhood unveils platinum credit card targeting affluent customers
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famous famous 2 months ago
any one have trouble with unauthorized trades? several of my stocks were sold and then purchased options cost me
$ 1,400.00
account locked no withdrawals no action from customer service complaint smh
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iHub News iHub News 2 months ago
Robinhood falls after revenue miss despite earnings beatFebruary 11, 2026 6:56 AM
IH Market News
Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) dropped more than 6% in premarket trading on Wednesday after the online brokerage reported fourth-quarter revenue that came in below Wall Street expectations.Although the company delivered record annual performance and topped earnings estimates, the revenue shortfall appeared to dampen investor enthusiasm, even as margin balances and subscription growth accelerated.Robinhood posted diluted earnings per share of $0.66, ahead of the $0.60 consensus forecast. However, quarterly revenue totaled $1.28 billion, missing analyst projections of $1.34 billion for the final quarter of 2025.Morgan Stanley analyst Michael Cyprys said the company nevertheless “enters ’26 with strong product velocity that can support growth.”Platform assets surged 68% year over year to $324 billion, driven by a record $68 billion in net deposits during 2025. Robinhood Gold, the company’s premium subscription service, expanded to 4.2 million members as the firm continues its transition from a trading-focused app to a broader financial services platform.Transaction-based revenue was mixed. Options and equities trading revenue rose 41% and 54%, respectively, while cryptocurrency revenue declined 38% to $221 million. “Our vision hasn’t changed: we are building the Financial SuperApp,” said Chairman and CEO Vlad Tenev.Net interest revenue stood out as a key growth driver, climbing 39% to $411 million, supported by securities lending and higher interest-earning assets. That increase helped counterbalance a 38% rise in total operating expenses, which reached $633 million as the company stepped up marketing efforts and absorbed costs tied to recent acquisitions, including Bitstamp.Robinhood also continued returning capital to shareholders, repurchasing $100 million worth of stock in the fourth quarter at an average price of $119.86 per share. Chief Financial Officer Shiv Verma said that “2025 was a record year where we set new highs for net deposits, Gold Subscribers, trading volumes, revenues, and profits.”For 2026, the company expects adjusted operating expenses and share-based compensation to range between $2.6 billion and $2.725 billion — an 18% increase at the midpoint — reflecting the full-year impact of international expansion and the launch of its prediction markets joint venture, Rothera.“2026 is off to a strong start, and we are incredibly excited about our plan and momentum for the year ahead,” Verma added.While shares weakened after the earnings release, Wolfe Research analyst Steven Chubak said the “long-term bull case remains intact (attractive valuation given strong rev/EPS CAGR).”“We also believe HOOD is more insulated from AI disruption risk (poised to be a net beneficiary as Self-Direct is less susceptible to disintermediation) and should outperform if market jitters around AI continue to weigh on Retail Brokers,” he added.Robinhood stock price

Original: Robinhood falls after revenue miss despite earnings beat
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iHub News iHub News 2 months ago
Bitcoin slides toward $67,000 as markets brace for U.S. payrolls dataFebruary 11, 2026 5:32 AM
IH Market News
Bitcoin (COIN:BTCUSD) retreated in Asian trading on Wednesday, slipping back under the $67,000 mark as investors positioned ahead of a key U.S. employment report that could offer fresh signals on the Federal Reserve’s interest rate outlook.The largest cryptocurrency by market value was down 2.6% at $67,126.7 as of 02:46 ET (07:46 GMT).The token had bounced from last week’s dip near $60,000 but failed to maintain momentum above $70,000, underscoring continued volatility and cautious sentiment across digital asset markets.



U.S. jobs report in focus



Attention is centered on the January U.S. payrolls report, delayed from last week due to a temporary government shutdown and now scheduled for release later Wednesday.Economists expect the data to show moderate job creation, with nonfarm payrolls projected to increase by roughly 70,000 and the unemployment rate holding around 4.4%.Investors are also looking ahead to Friday’s U.S. Consumer Price Index (CPI) figures, which may provide additional insight into inflation trends and the potential trajectory of Fed policy.According to the CME FedWatch tool, traders largely anticipate that the Federal Reserve will keep rates unchanged until June, following three successive rate cuts in late 2025.Typically, expectations of looser monetary policy and lower interest rates tend to support risk-sensitive assets like Bitcoin by lowering the opportunity cost of holding non-yielding investments.This cycle, however, has diverged from that pattern. Despite recent rate reductions, Bitcoin has remained under pressure. Analysts attribute the muted response to tighter liquidity conditions, softer institutional participation, and waning speculative appetite.



Robinhood falls on weak crypto revenue



Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) dropped sharply in extended trading Tuesday after the online brokerage posted quarterly results that missed expectations, dragged down by weaker cryptocurrency-related revenue.The fintech firm reported fourth-quarter revenue of approximately $1.28 billion, below the $1.40 billion analysts had forecast. A notable decline in crypto trading revenue offset stronger performance in equities and options activity.Robinhood shares fell more than 8% after the results.



Altcoins under pressure; XRP down 4%



Other major cryptocurrencies also moved lower on Wednesday as cautious trading persisted.Ethereum, the second-largest digital asset, declined 2.7% to $1,952.92.XRP, ranked third by market capitalization, dropped 4% to $1.36.Solana and Polygon each fell 4.1%, while Cardano shed 2.5%. Among meme-themed tokens, Dogecoin slipped 3%.Bitcoin price

Original: Bitcoin slides toward $67,000 as markets brace for U.S. payrolls data
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Moonboy1 Moonboy1 3 months ago
they were doing facial recognition through the computer camera and then said they wouldnt allow it anymore for my account for some reason. And i dont agree with that and am kind of pi--ed off i was forced to give them a free image of my face to sell to data companies in order to access my own money when I never had to do that for years and did not have to give them my ID when I made the account. Its complete BS. Ill never send another dime to them. It caused me to have to borrow money from my father to pay my mortgage that month because i was counting on that money because things got tight for a while. If my fathers money wasnt available I would have been screwed. If etrade or the others start requiring that sh-- ill back to an actual physical broker
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Moonboy1 Moonboy1 3 months ago
exactly. Im just going to let the money I have in their grow and day trade with it and then sue them when its a lot of money to get my money and for damages. Lose your phone you basically lose all your money. Never had this issue with etrade. Two clicks and my money is on its way. Robinhood is a nightmare and their charts completely suck as well
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nickypicky nickypicky 5 months ago
Wow....thanks for sharing this experience. If They don't have an office you can walk into don't put your money there.
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a surfer a surfer 6 months ago
I've transferred money back and forth for years. I've found it to be the most simple system around. I usually use PC's so I rarely do anything but look at account on the phone.
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Moonboy1 Moonboy1 6 months ago
Robinhood stock may be doing well but as a company I will never use them again. Absolutely horrible customer service if you get any at all. I lost my phone so I had to start using my laptop to log in. Ever since its been a nightmare to try and get any of my money out of the account. Its always wanting a new form of ID, wants to take selfies for facial recognition etc. and still wont give me my money saying the drivers license pictures are always too blurry to read no matter what I do. I will never use a platform again that I have to show ID to get my own money transferred to my bank when Ive had an account for 6 years and have all the passwords and info. to prove its me and my bank account has been linked to robinhood just as long. I was trying to transfer money to pay a bill and have yet to be able to get any of my hard earned out of this POS. Luckily I had other money to cover the bill or it could have turned into a compete nightmare. Luckily I was able to transfer money with a selfie the week before this transfer attempt so I had already gotten most of my money out of this account but now its blocking me from allowing a selfie for facial recognition which I do not agree with allowing them to use my face anyway. They did not need my ID or picture of my face to transfer money to them and i never needed it to open my account. Complete theft and BS of my money. I may even have to hire a lawyer and sue them just to get the rest of my money stuck in my Robinhhod account. Warning to the masses. If you lose your phone they will try and steal your money is my experience and let alone if you die and try and give the money to your kids. They will never be able to access the money
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weedtrader420 weedtrader420 7 months ago
☝️🥳☝️🚀
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a surfer a surfer 7 months ago
Legendary run....
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PennyPusher786 PennyPusher786 7 months ago
Look at the 3 year lol ........
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weedtrader420 weedtrader420 7 months ago
HOOD to the SAFEMOONCASH WOOHOOOOOOOOOOO ☝️🥳☝️🚀$200 TARGET
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Monksdream Monksdream 7 months ago
HOOD, one year chart
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a surfer a surfer 7 months ago
117 today!
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tigerpac tigerpac 9 months ago
That post aged poorly. Stock has doubled in two months. Fortunately moved some of the proceeds into the high flying ether stocks BMNR and SBET.   Nothing can last forever, right?
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a surfer a surfer 9 months ago
Love this one brother! Scored 40's 3 months ago...never looked back
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weedtrader420 weedtrader420 9 months ago
HOOD $200 TARGET We’re gonna get one of them days where Robin Hood stock is going to pop up $30 It’s coming soon
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weedtrader420 weedtrader420 9 months ago
HOOD ☝️🥳☝️
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weedtrader420 weedtrader420 10 months ago
Getting ready to break 100 K today 🥳woohooooooooooo
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BottomBounce BottomBounce 10 months ago
New article out Robinhood Markets Hood $NKE $HOOD $CRCL and $NIO https://seekingalpha.com/news/4464135-4-stocks-to-watch-on-tuesday-nio-nke-crcl-hood
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weedtrader420 weedtrader420 10 months ago
Added some here HOOD going over $150
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a surfer a surfer 10 months ago
Absolute shredder! Just took a little off after hours here. Time for a breather.
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Monksdream Monksdream 10 months ago
HOOD making new 52 week highs
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Moonboy1 Moonboy1 10 months ago
You talk about lies and a pump?! Every news station in the world was pumping Robinhood the past few days with the lies of getting put in the SP. They knew it was all BS but had a coordinated pump. Also the reason it wasn't put on there is so whales and institutions can front run it so there's not a squeeze and they can get in first. Jesus at my opinion
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Monksdream Monksdream 11 months ago
HOOD, new 52 high
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TechandBio TechandBio 11 months ago
Wants to go higher and will on the next stage of the crypto cycle parabolic run. Core position Great platform that retail appreciates inside & out.

$HOOD
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TechandBio TechandBio 11 months ago
Loading Options this platform gets it for stocks & crypto enjoy using more than coin and much cheaper for retail investors.

$HOOD
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tigerpac tigerpac 11 months ago
Sold HOOD at $57.60 with positions bought over last three months at 47, 42.75, and 33.25 .
Think Bitcoin may take a breather here and reconsolidate in the low 90's.
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MillionaireTradersAlliance MillionaireTradersAlliance 11 months ago
$HOOD (Robinhood Markets) with a nice run off the breakout

Tagged the 0.618 Fib around $55 like a magnet.
Still more juice left.
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Monksdream Monksdream 11 months ago
HOOD ten day hourly
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Monksdream Monksdream 12 months ago
HOOD, 10Q due 4/30
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Monksdream Monksdream 1 year ago
HOOD, 10 day high
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BottomBounce BottomBounce 1 year ago
https://finance.yahoo.com/news/nio-inc-nio-one-best-182527228.html $HOOD
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getmenews getmenews 1 year ago
Recently added BTC futures;

Have a question, if we have sanctions against certain countries, and no travel as well, and, they hold BTC, and even to the extent they stole it, why is the mainstream supporting Higher Prices on BTC or is it the mainstream? either way, it's a double standard? We can't buy their OIL, but we can buy back the BTC they stole at higher prices?

We either have sanctions against them and on all commodities and financial instruments or none!

Render the wash exchanges obsolete
Tender to adjust the original number of BTC issued less foreign holders?
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getmenews getmenews 1 year ago
Wonder why you can't add a minor as a beneficiary? no one has children?
HMM
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tigerpac tigerpac 1 year ago
Added under 43.....
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getmenews getmenews 1 year ago
Solving the thing; "I only trade crypto with ROBINHOOD"...

Robinhood Markets, Inc is a financial services platform, which engages in the provision of retail brokerage and offers trading in U.S. listed stocks and Exchange Traded Funds, related options, and cryptocurrency trading, as well as cash management, which includes debit cards services. The company was founded by Vladimir Tenev and Baiju Prafulkumar Bhatt in 2013 and is headquartered in Menlo Park, CA.
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getmenews getmenews 1 year ago
Traveled too China for a few months,
It prevented me having access to robin hood trading.
AND, THEY CLOSED MY ACCOUNT!
HMM

How does that even make sense to anyone, if you travel to another country, WE WILL CLOSE YOUR ACCOUNT? Yet, they provide customer service from the PHILIPPINES which is not in the USA
HMM
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getmenews getmenews 1 year ago
This is like third time, how much is enough?

Hi,

Thank you for contacting Robinhood.


To access your account, please follow these steps:

Go to the login screen here

Select I need help

Follow the prompts to regain access to your account

You may need to upload documents to confirm your identity

If the initial documents aren't sufficient, we may ask for additional ones

If we're unable to verify your information with the provided documents after several consecutive failed attempts, you'll have the option to contact us for further assistance

We look forward to assisting you further.
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getmenews getmenews 1 year ago
Yet another company, if you lose your Password, YOUR DEAD!
No way to connect with them!
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tigerpac tigerpac 1 year ago
Initiated new position under 47. Impressed by CEO's conversation with Cramer.  Seemed very natural, except for Cramer fawning all over him like he was his newborn.
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getmenews getmenews 1 year ago
Does HOOD borrow your own shares to short your own positions?
HMM
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Monksdream Monksdream 1 year ago
HOOD, new 52 week

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a surfer a surfer 1 year ago
60 now
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Monksdream Monksdream 1 year ago
HOOD, new 52/week high
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Monksdream Monksdream 1 year ago
HOOD
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Monksdream Monksdream 1 year ago
HOOD, new 52 high
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