The knives were out after Robinhood’s lackluster debut last week and the hotly anticipated initial public offering was quickly branded a flop. But that’s never the end of the world. Facebook’s IPO in 2012 was a bit of a letdown, and the shares then fell 50% in its first six months of trading. Now, Facebook is worth just under $1 trillion.
Then again, the advent of meme stocks makes comparisons, and at times logic, seem largely irrelevant. The stock soared 24% Tuesday off the back of no major news, to just below $47, or 23%...
"wood" - Google News
August 04, 2021 at 09:29PM
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Robinhood Stock Is Soaring. Cathie Wood May Be Right. - Barron's
"wood" - Google News
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