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Robinhood Struggles with April Demand as Trading Volume Falls

Robinhood Markets (Nasdaq: HOOD) has witnessed a slowdown in demand in April, with a declining active users and trading volume, the broker revealed in its training metrics published on Wednesday. Is Robinhood Facing a Declining Demand? The brokerage ended the month with 11.5 million monthly active users, down by about 300,000 from the previous month. The number of these users went down by 26 percent from the same month of the previous year. However, the number of net cumulative funded accounts w... Read More

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Content Topics

Robinhood

Struggles

With

April

Demand

Trading

Volume

Falls

Forex

Posted: May 18 2023, 04:42

Author Name: financemagnates

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