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 here

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.

Reporting by Abhishek Manikandan in Bengaluru and Anna Irrera in New York; Editing by Ramakrishnan M.

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