Here’s a rundown of what you should know ahead of Robinhood’s much-anticipated IPO. SOPA Images/Getty Images Stock-trading app Robinhood is targeting a valuation of up to $35 billion in an IPO this week.
Shares are slated to start trading on June 29 under the ticker “HOOD.”
From retail IPO access to legal power players, here’s what you need to know.
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Robinhood is set to price its shares on Wednesday, June 28, and is targeting a valuation of up to $35 billion. The shares are slated to start trading on June 29 under the ticker “HOOD.”The stock-trading app has had a big year, and its customer base grew as retail investors piled in. But it’s flagged regulatory risks and said it could take a revenue hit if the retail-trading frenzy dies down as the world gets back to normal post-pandemic.Here’s a rundown of what you should know ahead of Robinhood’s much-anticipated IPO: Robinhood is reserving up to 35% of shares in its IPO for its own users. Here’s how the fintech is trying to disrupt a market dominated by Wall Street’s elite. Vlad Tenev, CEO of Robinhood Robinhood Fintechs are hitting public markets. And they’re also plotting ways to get their own users […]
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