FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo
(Reuters) -Robinhood Markets shares climbed nearly 9% on Thursday after the brokerage reported strong growth in assets under custody for the month of February, signaling continued boost from a comeback in cryptocurrency and stock trading.
Assets under custody (AUC) grew 16% month-over-month to $118.7 billion at the end of February, the company's second consecutive month of breaching the $100 billion mark.
