Robinhood to Launch 24-Hour Trading with Select Stocks and ETFs.

Robinhood will allow users to trade 24 hours a day during the week on some stocks and ETFs starting May 16. The Menlo Park-based trading platform will enable round-the-clock trading on more than 40 stocks and ETFs, including names like Apple and Tesla. The move comes as Robinhood continues to roll out new products in an effort to diversify its revenue. In the first quarter, the company reported revenue that grew 47% over last year to $441 million, beating Wall Street expectations. Monthly active users in the first quarter totaled 11.8 million, up from 11.4 million in the fourth quarter of 2022, but down about 25% from last year.