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Story summary
- Robinhood Markets, Inc. previews expansion of prediction markets to the U.K. and EU.
- Shares jumped 20% after the news as Morgan Stanley raised its target.
- The platform hosted over two billion event contracts in Q3, up 100% from Q2, with potential above 5% of revenue.
- Bank of America raised its price target for Robinhood to $157, while risks affect growth.
