Robinhood raises $2.1B in its IPO after selling 55M shares at the low end of its $38 to $42 range (Reuters)




Reuters:

Robinhood raises $2.1B in its IPO after selling 55M shares at the low end of its $38 to $42 range  —  Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday.





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