Robinhood IPO Prices at $38 a Share

The investing platform is expected to start trading Thursday in a highly anticipated deal

 

Haven't shared any link neither an article (?)
No big deal, just sayin.


Vlad The Stock Impaler 2021 (c)

 

Anyone expecting a blow back from the Wallstreetbets and associated groups?

 

• IBKR market cap is 25.7 billion
• This IPO is valuing HOOD at about 32 billion.

 

With PFOF under attack by Gensler looks like this could be another Coinbase debacle in the making.

 

WSB is going to have a field day anyway

 

Will have the popcorn ready... sitting this one out.

 

They asked if you “can short IPOs or buy puts on RH?”. If WSBs and Reddit shun the IPO maybe it flops!

 

hmmmmmmmmm

 

What's sketchy about this is that a few months ago during the GME debacle they had a downround of funding at $8B valuation. Now they want everybody to think they are worth $32B? Its like 'my bros get to buy on the cheap but the public needs to pay up', sketchy...