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Briefing
venture capital

Robinhood Labeled a ‘Meme Stock’ Amid Trading Halt

By
Kate Clark
· · Source: The Information

Shares of Robinhood, listed on the Nasdaq under the ticker symbol “HOOD,” were halted several times Wednesday due to volatility. The stock-trading business, which priced its shares at the low end of its range at $38 in an initial public offering last week, briefly rose more than 100% from its IPO price to as high as $85 per share, according to The Wall Street Journal . No news from Robinhood...

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