யார்க் அடிப்படையிலானது பொது News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from யார்க் அடிப்படையிலானது பொது. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In யார்க் அடிப்படையிலானது பொது Today - Breaking & Trending Today

Robinhood rival Public.com raises funds at $1.2 billion valuation as retail trading booms

By Reuters Staff
2 Min Read
(Reuters) - Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion.
Investors have doubled down on online brokerages that were at the center of a social media-driven trading frenzy on Wall Street in heavily shorted shares of companies such as GameStop Corp.
Robinhood closed a mammoth $3.4 billion fundraise earlier this year to shore up its finances as clearinghouses asked for more collateral due to heightened volatility.
New York-based Public.com operates a zero-fee trading app that also doubles up as a social media investment community, where its members can own fractional shares of stocks and exchange-traded funds (ETFs), according to its website. ....

Sohini Podder , Aditya Soni , Thomson Reuters Trust Principles , Gamestop Corp , Wall Street , York Based Public , Tiger Global Management , Accel Partners , Will Smith , Thomson Reuters Trust , Brokerage Services Trbc Level 5 , Company News , Financials Legacy , Equity Capital Changes , Financials Trbc Level 1 , Investment Banking Amp Brokerage Services Trbc Level 4 , Investment Banking Amp Brokerage Services Nec Trbc Level 5 , Investment Management Amp Fund Operators Trbc Level 4 , Investment Management Amp Fund Operators Nec Trbc Level 5 , Investment Management Trbc Level 5 , Market Events , Private Equity Trbc Level 5 , Social Media , Technology Trbc Level 1 , Technology Media Telecoms , United States ,

Robinhood rival Public.com raises funds at US$1.2-billion valuation as retail trading booms

Bookmark
Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
Getting audio file .
This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer
Online brokerage Public.com, which competes with Robinhood, said on Wednesday it had raised $220 million in fresh funds from new and existing investors, lifting its valuation to $1.2 billion.
Investors have doubled down on online brokerages that were at the center of a social media-driven trading frenzy on Wall Street in heavily shorted shares of companies such as GameStop Corp.
Robinhood closed a mammoth $3.4 billion fundraise earlier this year to shore up its finances as clearinghouses asked for more collateral due to heightened volatility. ....

Gamestop Corp , Wall Street , York Based Public , Tiger Global Management , Accel Partners , Will Smith , Retail Trading , Online Brokerage , Robin Hood , Public Com , கேம்ஸ்டாப் கார்ப் , சுவர் தெரு , யார்க் அடிப்படையிலானது பொது , புலி உலகளாவிய மேலாண்மை , அசிஸ்ல் கூட்டாளர்கள் , விருப்பம் ஸ்மித் , சில்லறை வர்த்தக , நிகழ்நிலை தரகு , ராபின் ஹூட் , பொது கம ,