Robinhood Markets (HOOD) shares rose 1.1% in premarket trading Monday.
Preliminary data for June 1 through June 25 showed record trading activity. Notional equity trading volumes reached $343 billion. Event contract trades totaled 5.2 billion.
Event contract volumes exceeded analyst forecasts by 136%. Options trading outperformed estimates by 110%.
Monthly event contract volume increased 60% compared to the previous month. Options trading rose 38% month-over-month. Equities trading grew 27% over the same period.
Analysts are raising revenue and earnings per share forecasts for the company following the report.