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Robinhood ipo access
Robinhood ipos this week.
What to know ahead of Robinhood's stock-market debut
- Stock-trading app Robinhood priced shares at $38 each.
- Shares are slated to start trading on July 29 under the ticker "HOOD."
- From retail IPO access to legal power players, here's what you need to know.
Robinhood shares are slated to start trading on Thursday under the ticker "HOOD." It priced its IPO at $38 per share on Wednesday, valuing the online brokerage app popular with retail investors at roughly $32 billion
The company 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:
Fintechs are hitting public markets.
And they're also plotting ways to get their own users in on hot IPOs.
In March, both SoFi and Robinhood announced plans to allow their customers to buy into companies' initial public offe
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