UPDATE: Atlantic Equities Starts Robinhood Markets (HOOD) at Overweight
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Robinhood (HOOD) IPO Prices at $38, Low End of Range
July 28, 2021 9:23 PM EDTRobinhood Markets Inc. (NASDAQ: HOOD) announced the pricing of its initial public offering of 55,000,000 shares of its Class A common stock at a price to the public of $38.00 per share, the low end of the expected $38-$42 range.
In the offering, 52,375,000 shares are being offered by Robinhood and 2,625,000 shares are being offered by existing stockholders. The underwriters will have a 30-day option to buy an... More
Robinhood is Said to See Investor Demand within IPO Price Range - Bloomberg
July 28, 2021 3:28 PM EDTRobinhood is Said to See Investor Demand within IPO Price Range - Bloomberg
... MoreRobinhood (HOOD) Reveals New FINRA Investigation Hours Before IPO
July 28, 2021 6:30 AM EDTRobinhood (NASDAQ: HOOD) disclosed its co-founder and CEO Vlad Tenev is under investigation by Financial Industry Regulatory Authority (FINRA) for not being registered with the regulator.
Earlier in the year, media outlets reported that Tenev is not registered despite the fact he leads one of the... More
Robinhood Working on Feature to Let Users Invest Spare Change - Bloomberg
July 27, 2021 11:47 AM EDTRobinhood Working on Feature to Let Users Invest Spare Change - Bloomberg
Developing New Protections Against Crypto VolatilityFeatures Discovered in Code in Test Version of App... MoreRobinhood Markets, Inc. (HOOD) Announces 55M Share IPO at $38-$42/sh
July 27, 2021 8:04 AM EDTRobinhood Markets, Inc. (HOOD) announces 55,000,000 share IPO at $38-$42 per share.
... More