Robinhood stock gets off to volatile start on Wall Street
CNN
Robinhood has officially started its life as a public company, marking a milestone for a company that has revolutionized the way Americans trade.
The controversial trading platform opened at $38 on Thursday, matching its initial public offering price. That suggests Wall Street bankers priced the IPO correctly but that demand is lukewarm. Robinhood quickly broke below the IPO price and traded down about 10% before bouncing back to its opening price.More Related News