Robinhood, a trading app widely used by millennials to trade and invest in stocks is experiencing a system-wide outage on its website and app.
A spokesperson for the company stated Robinhood started experiencing downtime issues across its platform around 9:33 a.m. ET. Users are citing issues logging in and even trading, according to Down Detector.
“All of us at Robinhood are working as hard as we can to resume service, and we’ll update you as soon as the issue is resolved. We understand the impact this is having and we apologize for any trouble this has caused,” the company stated in an email to users on the platform.
The system-wide outage is still being investigated as of 9:38 a.m. ET, according to Robinhood’s status page.
This story is developing.