Robinhood stock soars on trading hours extension

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Robinhood stock soars on trading hours extension
France Dernières Nouvelles,France Actualités
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Robinhood's new trading hours will be 7 a.m. ET to 8 p.m. ET.

The change was prompted by feedback from customers, some of whom said they are preoccupied during traditional market hours.

"In fact, we’ve seen a community of Robinhood early birds and night owls who log in exclusively outside of regular market hours. They’re juggling a lot, from full-time jobs to school, families and side gigs. Our new extended trading hours for equities will give them more opportunities to manage their portfolio at a convenient time for them, whether that’s in the early morning or in the evening," the company wrote on its blog.Robinhood, which boasts 17.

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