Robinhood sees higher stock trading, accounts and margin balances in February, but active users stay flat

United States News News

Robinhood sees higher stock trading, accounts and margin balances in February, but active users stay flat
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Trading platform Robinhood Markets Inc. on Monday said user accounts ticked higher month-over-month in February, but said other metrics remained the same...

Trading platform Robinhood Markets Inc.

on Monday said user accounts ticked higher month-over-month in February, but said other metrics remained the same over that time. Net cumulative funded accounts — or accounts into which users put money or other assets — rose by around 50,000 to 23.1 million. Monthly active users at the end of February were 12 million, the same as in January. Assets under custody at the end of last month were $74.7 billion, in line with levels in January.

on Monday said user accounts ticked higher month-over-month in February, but said other metrics remained the same over that time. Net cumulative funded accounts — or accounts into which users put money or other assets — rose by around 50,000 to 23.1 million. Monthly active users at the end of February were 12 million, the same as in January. Assets under custody at the end of last month were $74.7 billion, in line with levels in January.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

33.5 Billion Dogecoin Stored by Robinhood as DOGE Is up 6.3%33.5 Billion Dogecoin Stored by Robinhood as DOGE Is up 6.3%Recently shared data shows that Robinhood keeps holding nearly 25% of circulating DOGE for its clients
Read more »

Takeaways from the February jobs report | CNN BusinessTakeaways from the February jobs report | CNN BusinessThe US economy added 311,000 jobs in February with the leisure and hospitality sector seeing the most gains.
Read more »

Ford recalls 18 electric F-150 Lightning trucks for battery defects, following February fireFord recalls 18 electric F-150 Lightning trucks for battery defects, following February fireFollowing a February battery fire, Ford discovered that a handful of 2023 F-150 Lightning pickups with defective batteries were delivered to customers
Read more »

The Really Great February Jobs Report'If wage growth is now more or less in line with the 2% target, then the Fed can hold off on further rate hikes.'
Read more »

Three Cherry Hills Village properties top February home salesThree Cherry Hills Village properties top February home salesFormer racecar driver Alex Figge sold a 10,000-square-foot mansion in Cherry Hills Village for $8 million last month.
Read more »

Report: Manhattan rent was nearly $5,200 in FebruaryReport: Manhattan rent was nearly $5,200 in FebruaryRenters in New York City are feeling the squeeze. Prices in Manhattan are up again this month to an average of nearly $5,200. TimMcNicholas explores what's driving prices and gets advice for renters.
Read more »



Render Time: 2025-02-19 09:57:23