Robinhood Markets Inc on Tuesday unveiled extended trading hours for its brokerage platform, building on the company’s aim to make investing more accessible for all. What Happened Robinhood announced that it’s working toward offering 24/7 investing for its customers. In a first-step effort toward around-the-clock investing, Robinhood has launched new extended trading hours that allow customers to trade from…
Robinhood Extends Trading Hours With Ultimate Goal of 24/7 Investing: What You Need to Know
Robinhood Posts $423 Million Net Loss, Shares Sink After Hours
Commission-free brokerage Robinhood Markets Inc. on Thursday posted a $423 million net loss in the latest quarter, and its shares tumbled as much as 15 percent in after-hours trade even as revenue edged past analysts’ estimates. Robinhood reported a net loss of $423 million or $0.49 per share in the three months ended December. A…
Robinhood Allows Employees to Work Remotely Permanently
Stock trading app Robinhood plans to allow a major portion of its employees to work remotely on a permanent basis, following a similar shift by tech companies in the face of COVID-19 related uncertainties on returning back to offices. “For a large segment of our employees, there will be no location or regular in-office requirement,…
Robinhood Says Email Addresses of 5 Million Customers Exposed in Security Breach
Robinhood Markets Inc. said on Monday a third party had obtained access to the email addresses of about five million of its customers. The fee-free broker said the full names of a different group of about two million people were also exposed in the breach, while 310 people had more personal information, including names, birth,…
Robinhood to Begin Testing Crypto Wallets, With Broader Launch in Early 2022
NEW YORK—Robinhood Markets Inc. said on Wednesday it plans to begin testing cryptocurrency wallets next month, with a broader rollout in early 2022, allowing its users to move supported digital currencies in and out of their brokerage accounts. The Menlo Park-based retail brokerage currently allows buying, selling, and holding of certain cryptocurrencies, like bitcoin and…
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