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Should You Invest in Robinhood?

07.30.2021

Shares of the $0 commission investing platform Robinhood Markets Inc. (HOOD) made their debut on the public markets yesterday in one of the most widely discussed IPOs of 2021. The stock initially sold for $38 per share, giving it a value of about $32 billion, well above the company’s estimated value of $11.7 billion at a funding round in September. The company said it raised nearly $2 billion through the IPO, while shares fell over 8% on its opening day.

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