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-Wall St set to tumble as recession worries spook investors
US STOCKS-Wall St set to tumble as recession worries spook investors
Aug 5, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Apple ( AAPL ) falls as Berkshire halves stake * Wall Street fear gauge at over four-year high * Futures drop: Dow 3.15, S&P 500 4.60%, Nasdaq 6.23% (Updated at 8:36 a.m. ET/1236 GMT) By Shubham Batra and Shashwat...
Sector Update: Tech
Sector Update: Tech
Aug 5, 2024
08:46 AM EDT, 08/05/2024 (MT Newswires) -- Technology stocks were retreating premarket Monday as the Technology Select Sector SPDR Fund (XLK) was down 7% and the SPDR S&P Semiconductor ETF (XSD) recently fell by 8.1%. Berkshire Hathaway (BRK.A, BRK.B) slashed its stake in Apple ( AAPL ) to $84.2 billion in Q2, compared with $135.4 billion at the end of...
Sector Update: Health Care
Sector Update: Health Care
Aug 5, 2024
08:53 AM EDT, 08/05/2024 (MT Newswires) -- Health care stocks were flat to lower premarket Monday, with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) down 1.7% recently. Actinium Pharmaceuticals ( ATNM ) shares tumbled by over 73% after the company said the Food and Drug Administration has determined that a phase 3...
Sector Update: Energy
Sector Update: Energy
Aug 5, 2024
09:04 AM EDT, 08/05/2024 (MT Newswires) -- Energy stocks were declining premarket Monday with the Energy Select Sector SPDR Fund (XLE) down 2.2% recently. The United States Oil Fund (USO) was 2.3% lower and the United States Natural Gas Fund (UNG) was down 2.7%. Front-month US West Texas Intermediate crude oil was down 1.7% at $72.26 per barrel at the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved