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Robinhood restores app services after suffering outage again

Published 03/03/2020, 02:02 PM
Updated 03/03/2020, 02:06 PM
© Reuters.  Robinhood restores app services after suffering outage again

(Reuters) - Robinhood Markets Inc said on Tuesday it has restored services for its stock trading app after it faced an outage for a second straight day.

"Robinhood is now fully restored ... we will work diligently to provide the level of service you deserve," the company said in a tweet https://twitter.com/AskRobinhood/status/1234884989189124096.

The company had fixed a glitch on Monday night, but experienced technical difficulties early on Tuesday, before getting the app back into service.

The outage comes on a day when U.S. stocks fell in volatile trading after a half percentage-point interest rate cut by the U.S. Federal Reserve.

California-based Robinhood, which provides commission-free stock trading through its namesake app, is popular among millennials and has been looking to expand the types of financial services it offers.

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