Tag: $Robinhood

Shares of Robinhood Markets Inc. rose 4% in the extended session Tuesday after the online broker said its board approved a $1 billion share-buyback program.

Robinhood Markets’ efforts to broaden its product lineup may be paying off as the company reported record first-quarter revenue and a surge in new assets.

Stock trading platform eToro agreed to a $120 million secondary share sale, giving the company a slightly lower valuation than the $3.5 billion it was valued at in a primary funding round earlier this year.

Robinhood Markets Inc on Wednesday surpassed Wall Street estimates for first-quarter revenue, as the U.S. Federal Reserve’s rapid rate hikes boosted the online brokerage’s interest income.