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-Futures flat with inflation data, earnings in focus
US STOCKS-Futures flat with inflation data, earnings in focus
Jul 8, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow up 0.02%, S&P 500 down 0.04%, Nasdaq down 0.03% July 8 (Reuters) - U.S. stock index futures were little changed on Monday, as investors prepared for a busy week that will see the release of a key...
Analysis-Investors chart possible moves as pressure mounts on Biden
Analysis-Investors chart possible moves as pressure mounts on Biden
Jul 8, 2024
NEW YORK (Reuters) - With doubts growing about whether President Joe Biden will remain a candidate for re-election in 2024, some investors are preparing to game out potential economic scenarios and trades if a stronger Democratic candidate emerges. Bond yields rose following Biden's stumbling performance against Republican rival Donald Trump in the first presidential TV debate last month. Growing speculation...
HIVE Digital Up 2% in U.S. Premarket After Reporting June Bitcoin Production Update
HIVE Digital Up 2% in U.S. Premarket After Reporting June Bitcoin Production Update
Jul 8, 2024
06:31 AM EDT, 07/08/2024 (MT Newswires) -- HIVE Digital Technologies ( HIVE ) , green energy-powered blockchain infrastructure company, was at last look up 1.8% in U.S. premarket trading after reporting that it mined 119 bitcoins in June. The company has increased its HODL position to 2,496 BTC, a 2% increase from the previous month. HIVE maintained an average bitcoin...
Futures flat with inflation data, earnings in focus
Futures flat with inflation data, earnings in focus
Jul 8, 2024
(Reuters) - U.S. stock index futures were little changed on Monday, as investors prepared for a busy week that will see the release of a key inflation report, Federal Reserve Chair Jerome Powell's testimony and the start of the second-quarter earnings season. Expectations for interest rate cuts as early as September received a further boost after Friday's nonfarm payrolls report...
Copyright 2023-2026 - www.financetom.com All Rights Reserved