There were warning signs that Robinhood ’s men and women weren’t going to be so merry on Thursday.at the bottom of its pre-IPO range and didn’t maximize the potential allocation to its own customers. Instead of as much as 35%, they received around 20% to 25% of the shares, according to The Wall Street Journal. Whatever the reasoning behind those moves, they evidently didn’t leave the impression of a hot issue.The issue may have gone beyond perceptions.
Robinhood is going public at what could prove to be the top of a cycle of small-investor activity, both in stocks and in cryptocurrency. That causes investors to not have faith in their projections. A similar thing likely happened when Coinbase Global went public, with that stock now well below where it made its debut. Add to that some uncertainty—or at least bad publicity—around its primary revenue source of payment-for-order-flow on customer trades.
I hope they get to be this happy when they get indicted
nah
These people look so happy. I want to be this happy too.
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Robinhood valued at $32 billion after selling shares in IPO at $38 per shareRobinhood CEO Vlad Tenev reflects on immigrating to the U.S. and building the company: “It’s a very special moment for me and for my co-founder.” Sob stories don’t make up for ripping off millions of people. andrewrsorkin Zero, git fkd ya uggo basta andrewrsorkin memeshort
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Robinhood Is Warning You About Certain Risks Before You Invest in Its IPOThe trading app has grown explosively—and at times painfully—and challenges lie ahead as it makes its anticipated debut.
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Robinhood and the merry mob—inside the trading platform’s unusual IPOOur podcast on markets, the economy and business. Also this week: as food prices soar big agriculture is having a field day and lessons from the history books for a new age of central banking | Podcasts Some ugandan citizens suffer at the hands of these human rights abusers, and have cried to all responsible bodies to raise their voices but nothing is done. Imagine paying taxes to get such a treatment. UgandaIsBleeding VisitUganda thanks alice_fulwood wow
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WSJ News Exclusive | Robinhood IPO Prices at $38 a ShareRobinhood has priced its IPO at $38 share, people familiar with the matter say, a lower-than-expected price for its highly-anticipated public debut I would say this thing is going to blow up in their face, but the founders will get rich. It’s the inexperienced retail investors, their own customers, that will get screwed Criminal It deserves to be a penny stock, for the retail trader!
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Robinhood prices IPO at bottom of range, valuing trading app at $26.7 billionRobinhood Markets Inc. priced its initial public offering at the bottom of its expected range Wednesday night, which still values the company at more than... good Trash company Wouldn’t touch it….it’ll get shorted and slammed immediately after they make the initial pump…
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What to know ahead of Robinhood's IPOBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. $DIDI IPO disaster is enough to keep me off IPO investing. I'm sticking with financials. nice
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