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Robinhood clinches $32 billion IPO ahead of Nasdaq debut

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“Robinhood has in a approach reworked how retail traders work together with the markets and spend money on the markets, and normally I feel that’s a very good factor, permitting broader entry to retail traders,” mentioned Reena Aggarwal, professor of finance at Georgetown College and director of the Heart for Monetary Markets and Coverage. However, she added, regulators are more and more involved concerning the potential hidden prices of zero-commission buying and selling, and traders might confront enormous volatility as retail merchants are sometimes pushed by sentiment and a “comply with the group” strategy.

https://www.washingtonpost.com/enterprise/2021/07/29/robinhood-ipo-nasdaq/?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Robinhood clinches $32 billion IPO forward of Nasdaq debut

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