Robinhood shares take 8% fall at finish of Nasdaq trade debut
ADVERTISEMENT Robinhood shares take 8% fall at finish of Nasdaq trade debut by Compiled Democrat-Gazette Staff From Wire Reports | Today at 2:05 a.m. Vladimir Tenev, chief executive officer and co-founder of Robinhood, celebrates Thursday in New York’s Times Square after his company’s initial public stock offering. (AP/Mark Lennihan) Robinhood was met with an icy welcome from Wall Street on Thursday as the company's stock sank by as much as 10% during its first day of trading. After opening at $38 per share -- the low end of its projected price range, which pegged its valuation at around ...
Source: nwaonline.com