News Formal

Robinhood stock rallies after earnings beat, plan to launch 24-hour trading as engagement wobbles

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Robinhood said it will launch a new trading service next week that will allow around-the-clock stock trading five days a week.

Shares of Robinhood Markets Inc. moved higher after hours on Wednesday after the trading app reported first-quarter results that were better than expected — even as trading activity remains muted when compared to last year.

But in Robinhood’s HOOD latest efforts to reverse that trend with new products — including things like IRAs and forays into advisory services and futures offerings — the company said that it would launch a new 24-hour trading service next week, called 24 Hour Market, that would allow around-the-clock stock...

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:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

Stocks making the biggest moves after hours: Disney, Beyond Meat, Sonos, Robinhood and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

WSJ News Exclusive | Robinhood to Launch 24-Hour Trading on Weekdays in Stocks and ETFsThe brokerage firm plans to announce Wednesday that it will offer 24-hour trading of selected stocks and exchange-traded funds, five days a week.
Source: WSJ - 🏆 98. / 63 Read more »