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 >
Top Midday Decliners
Top Midday Decliners
Nov 3, 2025
02:29 PM EST, 11/03/2025 (MT Newswires) -- uniQure (QURE) shares plummeted about 50% after the gene therapy company said Monday that the US Food and Drug Administration changed its position about the data it provided for a biologics license application for AMT-130 to treat Huntington's Disease. The FDA no longer agrees that the company's data could be enough for approval...
Sector Update: Energy Stocks Mixed Monday Afternoon
Sector Update: Energy Stocks Mixed Monday Afternoon
Nov 3, 2025
01:57 PM EST, 11/03/2025 (MT Newswires) -- Energy stocks were mixed Monday afternoon with the NYSE Energy Sector Index little changed and the Energy Select Sector SPDR Fund (XLE) easing 0.1%. The Philadelphia Oil Service Sector Index rose 2%, while the Dow Jones US Utilities Index was little changed. West Texas Intermediate crude oil rose 0.5% to $61.26 a barrel,...
Sector Update: Health Care Stocks Decline in Afternoon Trading
Sector Update: Health Care Stocks Decline in Afternoon Trading
Nov 3, 2025
01:59 PM EST, 11/03/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index shedding 0.3% and the Health Care Select Sector SPDR Fund (XLV) easing 0.1%. The iShares Biotechnology ETF (IBB) fell 1.7%. In corporate news, AstraZeneca ( AZN ) shares were falling 0.9% after the company said Monday its shareholders approved a special...
Sector Update: Tech Stocks Mixed Monday Afternoon
Sector Update: Tech Stocks Mixed Monday Afternoon
Nov 3, 2025
01:49 PM EST, 11/03/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the SPDR S&P Semiconductor ETF (XSD) shedding 1%. The Philadelphia Semiconductor index climbed 1.1%. In corporate news, Amazon.com ( AMZN ) secured a $38 billion deal with OpenAI that allows the Microsoft ( MSFT )-backed (MSFT)...
Copyright 2023-2026 - www.financetom.com All Rights Reserved