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Robinhood Users Vent on Twitter After New Outage Reported

Robinhood Users Vent on Twitter After New Outage Reported

(Bloomberg) -- Users of Robinhood app took to social media on Monday to complain of a new outage as the Dow Jones Industrial Average fell as much as 7.9% because of fresh coronavirus concerns. While some users said they were unable to sell, others expressed frustration that they were unable to buy the dip.

The company last week offered its gold clients three free months of service after unprecedented volume and market volatility caused its system to crash.

Robinhood tweeted this morning that trading has been partially restored and “our team is working to get our platform fully back up and running.”

To contact the reporter on this story: Nathan Crooks in Miami at ncrooks@bloomberg.net

To contact the editors responsible for this story: Sebastian Tong at stong41@bloomberg.net, Jim Silver

©2020 Bloomberg L.P.