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Several users took to Twitter with complaints that their account values moved out-of-step with underlying investments.
"We encountered a technical issue this morning that caused a delay in your app displaying order updates," the company tweeted, adding it'd been fixed.
The US Global JETS ETF has seen a surge in assets since the coronavirus pandemic caused a massive sell-off in airline stocks.
Robinhood just raised a $280 million round of funding led by Sequoia Capital, making it worth over $8 billion
Previous investor Sequoia Capital led the round with participation from NEA, Ribbit Capital, 9Yards Capital, and Unusual Ventures.
By leveraging smartphones, online marketplaces, and cheap access to technology, startups like Uber and Shopify became the talk of the town.
Robintrack is a platform that uses data from Robinhood's API to track how many of the trading app's users own a particular stock over time.
By the end of day Thursday, more than 180,000 Robinhood accounts owned USO, representing a massive 2,050% increase compared to the month prior.
The stock-trading app experienced multiple outages in early March amid market uncertainty.
A Robinhood trader tells us how he raked in a 2,400% return in 5 days as coronavirus and oil hammered markets
After turning $5,000 into $123,000, the amateur investor said he might buy "a $100 bottle of scotch and a nice pair of cowboy boots."
Robinhood maxed out its entire $200 million line of credit last month amid market chaos, report says
The $200 million credit facility was reportedly provided by Barclays, Citigroup, and JPMorgan Chase.