Top
Robinhood users ramped up deposits during Monday’s market bloodbath

Robinhood users ramped up deposits during Monday’s market bloodbath

February 6, 2018

Category:

Users of popular stock trading app Robinhood saw a buying opportunity in Monday’s market sell-off.

On Monday, the US stock market witnessed its largest point decline ever. The Dow Jones industrial average dropped as much as 1,600 points during Monday trade before closing down 1,175 points. Still, a spokesperson for Robinhood, the California-based brokerage, told Business Insider its users ramped up deposits on its zero-commission stock trading platform.

Read More on Business Insider