Robinhood starts trading publicly today. Small investors should approach any IPO with caution
Robinhood priced its shares at $38, which was at the low end of its target range.
So far this year, there have been 261 new listings, eclipsing the 218 IPOs in 2020, according to Renaissance Capital. This year marks the busiest one for IPOs since 2014, when there were 275. Nevertheless, whether it's Robinhood or another newly public company, there are some things to know before buying shares.
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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
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