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Robinhood slumps 10% in US market debut, valued at $28 billion
short by Hiral Goyal / on 29 Jul 2021,Thursday
Online brokerage Robinhood's shares slumped as much as 10% in its US stock market debut on Thursday, valuing the company at about $28 billion. The company's shares listed on the Nasdaq at $38 per share and fell to $34 per share in early trading. Robinhood was valued at roughly $32 billion after raising $2.1 billion in its initial public offering.
short by Hiral Goyal / 11:22 pm on 29 Jul
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