financetom
Market
financetom
/
Market
/
Robinhood Markets Assets in Custody Rose in February; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Robinhood Markets Assets in Custody Rose in February; Shares Rise
Mar 13, 2024 2:15 PM

04:49 PM EDT, 03/13/2024 (MT Newswires) -- Robinhood Markets ( HOOD ) said Wednesday that assets in custody were $118.7 billion in February, gaining 16% from January and increasing 59% from a year earlier.

Funded customers were 23.6 million at the end of February, compared with 23.5 million a month earlier and 23.1 million a year earlier, the company said.

Trading volumes in February rose in equities, options and crypto from January and a year earlier, the company said.

Robinhood shares jumped 9% in after-hours trading.

Price: 18.70, Change: +1.54, Percent Change: +8.97

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-US stock futures flat after stellar start to week, focus on trade developments
US STOCKS-US stock futures flat after stellar start to week, focus on trade developments
May 26, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.1%, S&P 500 0.04%, Nasdaq 0.02% * At least three Fed speakers to speak on Wednesday * American Eagle Outfitters ( AEO ) drops after withdrawing FY guidance May 14 (Reuters) - U.S. stock index futures...
US stock futures flat after stellar start to week, focus on trade developments
US stock futures flat after stellar start to week, focus on trade developments
May 26, 2025
(Reuters) -U.S. stock index futures were flat on Wednesday, following a strong start to the week when a soft inflation reading and a U.S.-China trade truce lifted sentiment, with focus now on more developments around more trade deals. Stocks on Wall Street have been on the rise since Washington and Beijing agreed over the weekend to dial back stringent reciprocal...
Crude Oil Prices Fall as Sharp Rise in U.S. Inventories Sparks Demand Concerns
Crude Oil Prices Fall as Sharp Rise in U.S. Inventories Sparks Demand Concerns
May 26, 2025
05:06 AM EDT, 05/14/2025 (MT Newswires) -- Crude oil prices slipped on Wednesday after posting gains in the previous session as expectations of a large increase in U.S. crude oil inventories dampened optimism about the U.S.-China trade dispute. Brent crude at last look lost 0.5% to US$66.28/barrel and West Texas Intermediate crude fell 0.5% to US$63.34/b. Crude stocks jumped 4.3...
US stock futures flat after stellar start to week, focus on trade developments
US stock futures flat after stellar start to week, focus on trade developments
May 26, 2025
(Reuters) -U.S. stock index futures were flat on Wednesday, following a strong start to the week when a soft inflation reading and a U.S.-China trade truce lifted sentiment, with focus now on more developments around more trade deals. Stocks on Wall Street have been on the rise since Washington and Beijing agreed over the weekend to dial back stringent reciprocal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved