Wealthfront shares jump after 2Q beat, platform assets top $100B
Wealthfront reported stronger-than-expected second-quarter results, with its platform surpassing $100 billion in assets. The stock climbed 14% to $10.82 midday Thursday, while it is down 21% for the year.
Shares of Wealthfront rose after the digital financial platform posted stronger-than-expected second-quarter results and said platform assets topped $100 billion. 82 around midday Thursday and remains down 21% so far this year.