Wealthfront is exploding higher following the company's fiscal second-quarter 2027 results released late yesterday. Investors are reacting to the report that total platform assets grew 12% year-over-year to $99 billion, bolstered by a 14% increase in funded clients to 1.5 million. While the company also noted that total platform assets surpassed $100 billion as of the end of August, the positive momentum persists despite a separate investor alert regarding a legal investigation into post-IPO disclosures.