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 >
Worthington Enterprises, Red Cat Holdings, And 3 More Stocks To Watch As US Futures Trade Lower On Tuesday
Worthington Enterprises, Red Cat Holdings, And 3 More Stocks To Watch As US Futures Trade Lower On Tuesday
Dec 17, 2024
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Worthington Enterprises, Inc ( WOR ). to report quarterly earnings at 52 cents per share on revenue of $273.77 million after the closing bell, according to data from Benzinga Pro. Worthington Enterprises ( WOR...
EMERGING MARKETS-Indonesian rupiah, Thai baht slip as traders eye central bank rate calls
EMERGING MARKETS-Indonesian rupiah, Thai baht slip as traders eye central bank rate calls
Dec 17, 2024
* Japan, Indonesia, Thailand expected to hold rates * Rupiah falls for fifth straight session * Philippine stocks at lowest since early August (Updates at 0710 GMT) By Rajasik Mukherjee and Roushni Nair Dec 17 (Reuters) - Asian equities fell and the Indonesian rupiah and the Thai baht led losses among currencies on Tuesday, as caution prevailed ahead of key...
Red Cat Holdings, Ionq, Broadcom, NVIDIA, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Red Cat Holdings, Ionq, Broadcom, NVIDIA, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
Dec 16, 2024
The Dow Jones ended Monday down 0.25%, while the Nasdaq climbed 1.2% to finish in the green. The S&P 500 also posted gains, rising nearly 0.4%. The S&P 500 also ended in positive territory gaining almost 0.4%. The Fed was expected to cut rates by 25 basis points on Wednesday, marking its third consecutive reduction, but recent inflation data complicated...
Euro zone bond yields broadly steady, eyes on Fed
Euro zone bond yields broadly steady, eyes on Fed
Dec 17, 2024
Dec 17 (Reuters) - Euro zone government bond yields held largely steady on Tuesday, as markets readied for the U.S. Federal Reserve meeting on Wednesday, where the central bank is expected to cut interest rates but signal a measured pace of easing ahead. Germany's 10-year bond yield, the benchmark for the euro zone bloc, was up less than 1 basis...
Copyright 2023-2026 - www.financetom.com All Rights Reserved