ROBINHOOD IPO Coming out….

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Robinhood has 18 million accounts with $80 billion in assets after rapid growth, IPO filing shows

“Robinhood has grown its funded accounts, those which have bank accounts linked to them, to 18 million in March of this year from 7.2 million in March of 2020, an increase of 151%.

Assets under custody have ballooned to roughly $80 billion from $19.2 billion last March.

The company said it plans to trade under the symbol “HOOD” on the Nasdaq.”

 

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