Robinhood (Nasdaq: HOOD), the popular investment app responsible for facilitating the meme stock craze, finally went public. On Thursday, the company started trading publicly with shares priced at $38.
The company raised $2.1 billion in its initial public offering and sold 55 million shares. Additionally, Robinhood stated that it would reserve between 20% and 35% of its shares for users of the financial service.
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