marketvaluation
ValueWalk
As disclosed on Monday, the Securities and Exchange Commission (SEC) expects Robinhood IPO to reach a $35 billion valuation. Q2 2021 hedge fund letters, conferences and more Robinhood IPO, Highly AnticipatedThe controversial trading app, which has opened up market investment to younger people, will aim at selling shares at $38-$42 apiece and will seek to raise about $2.3 billion with the sale of 55 million stocks. As reported by CNN, the targeted valuation, “would make Robinhood more valuable than about two-thirds of the S&P 500, putting it somewhere near Yum Brands, Corning, and HP.” Robinhoo...
ValueWalk
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