Robinhood to restrict users who 'flip' IPO shares

Robinhood to restrict users who 'flip' IPO shares

2 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-robinhood-ipo-distribution/robinhood-to-restrict-users-who-flip-ipo-shares-idUSKCN2E027K

Online brokerage Robinhood Markets Inc, which recently launched an offering for retail investors to buy shares in initial public offerings, is encouraging users not to sell shares within the first 30 days of offerings.

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