SAN FRANCISCO — Robinhood is known for its association with “meme stocks.” Now the stock trading app could become one.On Wednesday, Robinhood priced its initial public offering at $38 a […]
Bhatt, Baiju
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Back to news homeRobinhood’s Guinea Pig for Upending Public Offerings: Itself
SAN FRANCISCO — When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make […]
Robinhood Reveals Rising Revenue and a $1.4 Billion Loss
The company’s shareholders, however, stuck with it. Within a week, it raised two rounds of emergency funding totaling $4.4 billion to meet lending requirements for stock trades and to continue […]