Expected IPO date for Robinhood: 29 July 2021
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Robinhood targets July 29 debut as a public company. Key extracts of the article is as follows:
https://edition.cnn.com/2021/07/20/investing/robinhood-ipo-stock/index.html
New York (CNN Business)Robinhood is planning to make its big debut as a public company next week.
The trading app is expected tostart trading on the Nasdaq Stock Marketon July 29, a person familiar with the matter told CNN Business. The timing of the debut could still change, the person cautioned.
Robinhood is aiming to raise up to $2.3 billionin aninitial public offeringthat could value the controversial company at $35 billion. That means the IPO could make Robinhood more valuable than about two-thirds of the companies in the S&P 500.
As always, this should not be construed as any investment or trading advice.
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