Reported 3 days ago
Robinhood experienced significant outages on Monday as users reported being unable to access trades just as the market opened. This failure coincided with the launch of Galaxy Digital's new trading app, GalaxyOne, which aims to attract Robinhood's user base. The outage raised concerns about the stability of trading platforms during peak times, as Robinhood's stock fell amidst growing competition from Galaxy Digital, whose shares surged nearly 10% following the launch.
Source: YAHOO