Robinhood spoons up taste of own medicine
3 Min Read The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, July 29, 2021. REUTERS/Andrew Kelly NEW YORK (Reuters Breakingviews) - Here’s some comfort for Robinhood Markets founder Vlad Tenev: What happens to a company’s shares the day of an initial public offering says little about what happens later. The share price of Tenev’s digital brokerage fell around 8% on Thursday from its $38 launch price a day earlier, already set at the bottom of the range. Nonetheless, first impressions matter more to Robinhood than to t...