{"id":13244,"date":"2020-05-19T16:30:00","date_gmt":"2020-05-19T16:30:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2559667"},"modified":"2020-05-19T16:30:00","modified_gmt":"2020-05-19T16:30:00","slug":"users-say-robinhood-is-down-as-stocks-soar","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/19\/users-say-robinhood-is-down-as-stocks-soar\/","title":{"rendered":"Users say Robinhood is down as stocks soar"},"content":{"rendered":"

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Users are reporting that trading platform Robinhood was down during early morning trading that saw stock markets soar.<\/p>\n

Robinhood’s status page<\/a> says all systems are “operational,” but users on Twitter said they could not access the service. A Robinhood spokesperson would not comment on the record but referred TechCrunch to a company tweet.<\/p>\n

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B’s<\/span><\/span>@benny_smalls_<\/span><\/div>\n<\/div>\n
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@<\/span>RobinhoodApp<\/span><\/a> Major lag going on right now. Not sure if it’s the new design or what developers are doing on the back end but response times are very slow, app acting funky.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n<\/div>\n

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Robinhood Help<\/span><\/span><\/p>\n
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\"\u2714\"<\/strong><\/span><\/span>@AskRobinhood<\/span><\/div>\n<\/div>\n<\/div>\n

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Sorry about that, we had a brief issue where your app was delayed in displaying order updates. This has since been fixed so you should not have any issues placing your orders going forward.<\/p>\n

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Twitter Ads info and privacy<\/span><\/a><\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n<\/div>\n
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See Robinhood Help’s other Tweets<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Some users said Etrade was also experiencing problems. A spokesperson for Etrade said its platform is “fully operational” but declined to comment further.<\/p>\n

After weeks of turbulent markets largely driven by coronavirus concerns, the Dow Jones Industrial Average (DJIA) is up 3% in early morning trading.<\/p>\n

Robinhood, which earlier this month raised $280 million pushing its valuation to $8.3 billion<\/a>, took heat in March after several days of outages<\/a> saw users unable to trade on the platform. Users were left furious after the outage prevented access to the platform on what was one of the busiest trading days of the year.<\/p>\n

The financial startup said it would offer case-by-case compensation to its 10 million users for their troubles. Months earlier, the company admitted a glitch<\/a> that let users borrow more money than they were allowed.<\/p>\n

Morgan Stanley <\/a> bought Etrade earlier this year<\/a> for $13 billion. Last year Etrade reported record revenue of $2.9 billion.<\/p>\n<\/div>\n

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See Campaign: <\/strong>https:\/\/status.robinhood.com\/<\/a>
Contact Information:<\/b>
Zack Whittaker<\/p>\n

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<\/a>, Wire<\/a>, United States<\/a>, English<\/a><\/p>\n

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Contact Information:<\/h3>\n

Zack Whittaker<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Users are reporting that trading platform Robinhood was down during early morning trading that saw stock markets soar. Robinhood’s status page says all systems are “operational,” but users on Twitter said they could not access the service. A Robinhood spokesperson would not comment on the record but referred TechCrunch to a company tweet. B’s@benny_smalls_  · 18h   @RobinhoodApp … Continue reading Users say Robinhood is down as stocks soar<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54],"tags":[],"class_list":["post-13244","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire"],"yoast_head":"\nUsers say Robinhood is down as stocks soar - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/05\/19\/users-say-robinhood-is-down-as-stocks-soar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Users say Robinhood is down as stocks soar - Business\" \/>\n<meta property=\"og:description\" content=\"Users are reporting that trading platform Robinhood was down during early morning trading that saw stock markets soar. 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