But the company’s debut is not burning up the stock charts. What happened?
Alex Wilhelm
7 hours
Robinhood priced at $38 per share this week, opened flat and closed its first day’s trading yesterday worth $34.82 per share, or a bit more than 8% underwater. The company posted a mixed picture today, falling early before recovering to breakeven in late-morning trading.
It wasn’t the debut that some expected Robinhood to have.
The Exchange explores startups, markets and money.
Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.
To close out the week, we’re not going to …