Monday, September 20, 2021
HomeBusinessRobinhood Stock Opens Flat in Trading Debut

Robinhood Stock Opens Flat in Trading Debut


Robinhood priced its IPO on the low finish of a variety the corporate had focused however properly above the practically $12 billion valuation it attained final 12 months.



Picture:

Amir Hamja for The Wall Road Journal

Robinhood Markets Inc.,

the app that brought the markets to the lots, opened flat in its buying and selling debut after elevating about $2 billion in one of many 12 months’s most anticipated preliminary public choices.

The corporate’s inventory, listed on Nasdaq underneath the image HOOD, opened buying and selling at $38 Thursday afternoon, according to its preliminary providing value.

Copyright ©2021 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1,239,956FansLike

Most Popular