Robinhood Markets Inc.
has set terms forits initial public offering, in which the California-based retail trading app could be valued at up to $35.10 billion. The company is offering 52.375 million Class A shares in the IPO, which is expected to price between $38 and $42 a share, to raise $2.20 billion. Selling stockholders, which include its founders and Chief Financial Officer, are offering an additional 2.625 million shares in the IPO to raise $110.25 million. The company expects to have a total of 835.
Puts.
I bet that RobinhoodApp get rid of the 'sell' button once this POS floats. This has got to be the siren call for the top of this equity bubble.
The most corrupt company along with Citadel, avoid Robinhood app at all costs
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