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 >
Sector Update: Tech
Sector Update: Tech
Aug 20, 2025
08:53 AM EDT, 08/20/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Wednesday, with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.1%. Analog Devices ( ADI ) stock was up more than 3% after the company reported higher fiscal Q3 adjusted earnings and revenue. ...
Oil Prices Rise as U.S. Inventories Fall More Than Expected; Talks Over the End of the Ukrainian War Continue
Oil Prices Rise as U.S. Inventories Fall More Than Expected; Talks Over the End of the Ukrainian War Continue
Aug 20, 2025
08:50 AM EDT, 08/20/2025 (MT Newswires) -- Oil prices rose early on Wednesday as a report showed a larger than expected draw on U.S. oil inventories last week, while talks over ending Russia's war on Ukraine continue. West Texas Intermediate crude oil was last seen up US$0.71 to US$63.06 per barrel, while October Brent crude was up US$0.65 to US$66.44...
Retail Earnings, Fed Minutes in Focus as US Equity Futures Decline Pre-Bell
Retail Earnings, Fed Minutes in Focus as US Equity Futures Decline Pre-Bell
Aug 20, 2025
08:26 AM EDT, 08/20/2025 (MT Newswires) -- US equity futures were cautiously lower pre-bell Wednesday as traders digested earnings from major retailers and looked ahead to the release of the minutes from the Federal Reserve's most recent monetary policy meeting. Dow Jones Industrial Average futures were down 0.1%, S&P 500 futures were 0.2% lower, and Nasdaq futures were down 0.3%....
Top 2 Health Care Stocks That May Fall Off A Cliff In August
Top 2 Health Care Stocks That May Fall Off A Cliff In August
Aug 20, 2025
As of Aug. 20, 2025, two stocks in the health care sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved