Published Dec 16, 2023 10:26AM ET© Reuters. Robinhood logo is seen on a smartphone in front of a displayed same logo in this illustration taken, July 2, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoHOOD -3.31% Add to/Remove from Watchlist(Reuters) - Robinhood (NASDAQ: ) Markets is attracting customers from other brokerages, and is seeking to expand beyond its base of young, first-time investors, the Wall Street Journal reported on Saturday. Through Wednesday, the trading app received about $1.1 billion in account transfers since Oct. 23, when it began offering a 1% match on transferred brokerage accounts, the Wall Street Journal reported.

Source: Wall Street Journal December 16, 2023 15:58 UTC