By Reuters | Updated: 16 December 2023
Dec 16 (Reuters) – Robinhood Markets (HOOD.O) is attracting customers from other brokerages, and is seeking to expand beyond its base of young, first-time investors, the Wall Street Journal reported on Saturday.
Through Wednesday, the trading app received about $1.1 billion in account transfers since Oct. 23, when it began offering a 1% match on transferred brokerage accounts, the Wall Street Journal reported.
© Thomson Reuters 2023
