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 junk bond spreads to widen more if recession fears persist
US junk bond spreads to widen more if recession fears persist
Mar 18, 2025
March 18 (Reuters) - The credit spread for junk bonds, the premium companies pay over risk-free Treasuries, recently widened to the most in six months and could rise further as investors worry about how a global trade war could hurt the U.S. economy, investors and analysts said on Monday. Last Thursday, U.S. junk bond spreads touched 340 basis points (bps),...
Nvidia, Meta, Sarepta, D-Wave, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Nvidia, Meta, Sarepta, D-Wave, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Mar 18, 2025
U.S. stock markets traded lower on Tuesday as investors awaited the Federal Reserve’s interest rate decision. The Dow Jones Industrial Average slipped 0.6% to 41,581.31, while the S&P 500 lost nearly 1.1% to 5,614.66. The Nasdaq tumbled 1.7% to 17,504.12. These are the top stocks that gained the attention of retail traders and investors throughout the day: Nvidia Corporation (...
Japan's Nikkei rises ahead of BOJ decision, buoyed by weaker yen
Japan's Nikkei rises ahead of BOJ decision, buoyed by weaker yen
Mar 18, 2025
TOKYO, March 19 (Reuters) - Japan's Nikkei share average rose on Wednesday, with automaker shares helped by a weaker yen, while investors awaited a policy decision from the Bank of Japan later in the day. The Nikkei was up 0.6% to 38,063.98 as of 0142 GMT, after rising to as high as 38,097.95 earlier in the session. It topped the...
Japan's Nikkei rises as weaker yen boosts automakers; BOJ stands pat
Japan's Nikkei rises as weaker yen boosts automakers; BOJ stands pat
Mar 18, 2025
(Updates prices after BOJ decision) By Kevin Buckland TOKYO, March 19 (Reuters) - Japan's Nikkei share average rose on Wednesday, with automaker shares helped by a weaker yen, while the Bank of Japan kept interest rates unchanged as widely expected. The Nikkei entered the midday trading recess 0.7% higher at 38,107.27, and had risen to as high as 38,128.58 earlier,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved