Robinhood raises $2.1 billion in IPO amid "meme" stock trading frenzy

Robinhood raises $2.1 billion in IPO amid "meme" stock trading frenzy

Photo: Reuters

Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s ‘meme‘ stock trading frenzy, raised $2.1 billion in its initial public offering on Wednesday.

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