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 >
Investor Optimism Improves, Dow Rises For 6th Straight Session
Investor Optimism Improves, Dow Rises For 6th Straight Session
May 8, 2024
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled mixed on Wednesday, with the Dow Jones index recording gains for the sixth consecutive session. Uber Technologies, Inc ( UBER ). shares tumbled 5.7% on Wednesday following worse-than-expected first-quarter financial results. Tesla,...
Roblox, Beyond Meat And 3 Stocks To Watch Heading Into Thursday
Roblox, Beyond Meat And 3 Stocks To Watch Heading Into Thursday
May 8, 2024
With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Roblox Corporation ( RBLX ) to report a quarterly loss at 53 cents per share on revenue of $922.98 million before the opening bell, according to data from Benzinga Pro. Roblox ( RBLX )...
Sector Update: Energy
Sector Update: Energy
May 8, 2024
03:21 PM EDT, 05/08/2024 (MT Newswires) -- Energy stocks fell late Wednesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both easing 0.1%. The Philadelphia Oil Service Sector index declined 0.1%, and the Dow Jones US Utilities index rose 0.3%. US crude oil stocks, including those in the Strategic Petroleum Reserve, fell 400,000...
JGB yields touch decade peaks amid rising US yields, hawkish BOJ
JGB yields touch decade peaks amid rising US yields, hawkish BOJ
May 8, 2024
TOKYO, May 9 (Reuters) - Japanese government bond yields jumped to more than decade highs for some tenors on Thursday, tracking a surge among U.S. peers overnight while also drawing support from a hawkish shift at the Bank of Japan. The five-year JGB yield rose as high as 0.525% for the first time since April 2011 before easing slightly to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved