By Matthew Makowski The Robinhood IPO price has finally been announced. But that’s not the only point of interest regarding this disruptive tech company going public. But for those here just for the price, Robinhood Markets Inc. priced its IPO at $38 a share.
The online brokerage – famous for introducing commission-free trading – is also going public in an interesting way. Before we get into that though, let’s look at the traditional IPO process…
For the most part, initial public offerings follow a three-step process. It starts with a company hiring banks to drum up interest in the stock. These banks usually market shares …read more
