Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Robinhood, BNY Win Trump Accounts Contract As Signups Reach 4 Million [Yahoo! Finance]

Robinhood Markets, Inc. - Class A (HOOD) 
Company Research Source: Yahoo! Finance
Robinhood Markets and BNY have won the Trump Accounts contract to build and manage the tax-deferred investing accounts for children, with over 4 million kids already signed up as of March 31. The Contract Winners The U.S. Department of the Treasury announced Monday that BNY will serve as the designated financial agent to manage the initial accounts. BNY partnered with Robinhood to develop the Trump Accounts app and provide customer service, launching July 4. “Our task is clear: to provide the next generation of Americans with a world-class, intuitive platform to jump-start their financial future,” said Vlad Tenev , Robinhood's chairman and CEO. Don't Miss: See What AI Could Build for Your Portfolio — Try a Custom Index Now This Startup Thinks It Can Reinvent the Wheel — Literally The app will be a custom white-label product for Treasury without BNY or Robinhood branding. Moreover, the company did not disclose the contract's financial terms. Wall Street firms have pu Show less Read more
Impact Snapshot
Event Time:
HOOD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
HOOD alerts

from News Quantified
Opt-in for
HOOD alerts

from News Quantified