Which trading app went public in July 2021?

Which trading app went public in July 2021? Robinhood.

Robinhood was founded in 2013 by Stanford roommates Vladimir Tenev and Baiju Bhatt. Its mobile-first brokerage helped popularize commission-free trading of stocks and exchange-traded funds, later adding options and cryptocurrencies. That model attracted millions of retail investors and made the company a major symbol of the retail-investing boom.

Robinhood priced its initial public offering at $38 per share. Its Class A stock began trading on the Nasdaq Global Select Market on July 29, 2021, under the ticker HOOD. The offering included 55 million shares and valued the company at roughly $32 billion at the IPO price.

The company deliberately reserved a portion of its IPO shares for its own customers, an unusual step intended to give everyday investors greater access to the offering. Do not confuse the IPO date with the pricing or closing dates: pricing was announced July 28, trading started July 29, and the offering formally closed August 2.