IPO - Profile

Robinhood Markets, Inc.

Finance > Investment Bankers/Brokers/Service

HOOD

Summary

Robinhood was founded on the belief that everyone should be welcome to participate in our financial system. We are creating a modern financial services platform for everyone, regardless of their wealth, income or background.

The stock market is widely recognized as one of the greatest wealth creators of the last century. But systemic barriers to investing have dissuaded millions of people from feeling welcome or taking part. Investing has long required expensive commissions to place trades, making it impractical for people with smaller balances to participate. In addition, many were unable More

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$38.00 55,000,000 Positive High 186.32%

Offering Team

  • Legal counsel
  • Cravath, Swaine & Moore LLP
  • Auditors
  • Ernst & Young LLP

Deal Highlights

Deal Tracker

IPO Dates

Filing 19 Jul, 2021

Offer 29 Jul, 2021

Look Ahead

Lock Up Expiry Jan 29, 2022

IPO Terms

Offer Price $38.00
Offer Size 55M

Market Sentiments

Stock Price