Robinhood IPO Is No Giveaway

, respectively. Investors had the challenge of trying to chart out a normalized earnings and revenue path. So far, neither of those prior examples have worked out for initial public investors.

Robinhood derives the vast majority of its revenue from trading by its customers, including in cryptocurrencies like Dogecoin. In this topsy-turvy market, it will be quite difficult to forecast what that activity level looks like a year from now. Plus, its primary trading revenue source is payment for order flow, one of the most hotly debated topics in finance and in Washington.

Amid that uncertainty, there is one measure that cuts through a lot of the noise: how much an investor would be paying at the IPO. That is a way to benchmark Robinhood to established peers in the retail brokerage business. At the proposed IPO price range set on Monday, a funded Robinhood customer account is valued at about $1,500 to $1,600. Contrast that to a long-term average of about $2,000 per account for E*Trade over the past 15 years, before it was acquired for about $1,800 per account by Morgan Stanley, according to figures compiled by Christian Bolu of Autonomous Research.

heard retribution for temporarily letting the plebs step out of their place (Gamestop) ? Forbes seems to be giving off the same vibe...

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rent the Runway Files for IPO, But Is Clothing Rental in the Eco Hot Seat?A study condemning rental clothing behavior sparked new questions and challenges on circular fashion models.
Source: wwd - 🏆 24. / 68 Read more »

Altice's adtech firm Teads targets $5 bln valuation in U.S. IPOAdvertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through an initial public offering on the Nasdaq at a valuation of about $5 billion.
Source: Reuters - 🏆 2. / 97 Read more »

See Goldman Sachs' amazing WeWork IPO pitch deck created for Adam NeumannGoldman Sachs created this amazing pitch deck, filled with photos of Bob Marley and Mother Teresa, to woo WeWork's Adam Neumann ahead of its doomed IPO horrible
Source: BusinessInsider - 🏆 729. / 51 Read more »

IPO market faces busiest week of the year — if all 19 deals on calendar are pushed throughThe U.S. initial public offering market is bracing for what would be the busiest week of the year so far — if all 19 deals on the roster are pushed through. nice Garbage product. Way to pump Smells like weasel piss. Can’t imagine what it tastes like 👍 Patiently waiting 🤑
Source: MarketWatch - 🏆 3. / 97 Read more »

In Battle For The Barbecue, Grill Makers Weber, Traeger, BBQGuys And Solo Stove Plan IPOsAfter more than a year of consumers renovating their outdoor living areas, four leaders in the market for barbecue grills, the essential backyard accessory, are planning to go public good
Source: Forbes - 🏆 394. / 53 Read more »

Assets in Ant Group’s Flagship Money-Market Fund Tumble to 2016 LevelsAssets under management at Ant Group’s money-market fund tumbled after pressure from China’s regulators forced the company to sit out an industrywide boom good CCP plunder most of rich and huge companies’s property, who would be derive benefit if those Chief and owner disappears ? China_is_terrorists ChiNazi CCPChina
Source: WSJ - 🏆 98. / 63 Read more »