We simply bought a little bit extra information about what many count on to be the most important IPO of 2021. Robinhood, the stock trading darling that’s the envy of the fintech world, has announced the value vary its shares are anticipated to promote for when the corporate goes public later this yr.
Right here’s what you want to know:
- What’s Robinhood’s ticker image? Robinhood shares will commerce beneath the ticker HOOD.
- What market will Robinhood commerce on? Robinhood will commerce on the NASDAQ.
- What’s going to HOOD shares price? Robinhood shares are anticipated to be priced at between $38 and $42 per share.
- What number of shares of HOOD will go on sale? Robinhood is placing 55 million Class A shares up on the market. If the shares promote for $42 every, Robinhood will elevate round $2.3 billion for its IPO.
- How a lot is Robinhood price? If Robinhood’s IPO meets the $42 share worth, the corporate might be price as a lot as $35 billion.
- When will Robinhood’s IPO happen? As of proper now, Robinhood has not introduced a date for its IPO, nevertheless it’s seemingly it can happen over the subsequent a number of months.