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2021-03-26

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Robinhood To Offer Shares In IPO To Customers First: Report

One of the most talked-about IPOS of 2021 is likely to beRobinhood. The company plans on rewarding c

Robinhood To Offer Shares In IPO To Customers First: Report

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The company plans on rewarding c","content":"<p>One of the most talked-about IPOS of 2021 is likely to be<b>Robinhood</b>. The company plans on rewarding customers with early access to the IPO.</p>\n<p><b>What Happened:</b>Robinhood recently&nbsp;filedfor its highly anticipated IPO and now&nbsp;Reuters reports&nbsp;the commission-free brokerage plans to allow its users the chance to buy shares before shares they debut.</p>\n<p>Sources told Reuters thatRobinhoodis building a platform that will democratize the IPO process and allow its customers the chance to buy IPOs&nbsp;early, including its own.</p>\n<p><b>AirBnB Inc</b>ABNB 1.5%offeredits hosts the chance to buy shares at $68 each prior to its IPO. Shares were allocated according to how long a person had been a host.</p>\n<p><b>Why It’s Important:</b>Big funds are typically given first access to allocations of shares prior to IPOs. 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The company plans on rewarding customers with early access to the IPO.\nWhat Happened:Robinhood recently filedfor its highly ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/03/20349783/robinhood-to-offer-shares-in-ipo-to-customers-first-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/03/20349783/robinhood-to-offer-shares-in-ipo-to-customers-first-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106832803","content_text":"One of the most talked-about IPOS of 2021 is likely to beRobinhood. 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