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Robinhood Said to Consider Selling Shares to Users in IPO

By
Ross Matican
· · Source: Bloomberg

Trading platform Robinhood is thinking about selling some of its shares to its own users in its initial public offering later this year, Bloomberg reported . The move would be unusual not only because individual investors are typically left out of IPO allocations, but also because the orders would take place on Robinhood’s own software. Robinhood has spurred a retail investing boom with its...

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