Robinhood files to go public after squeaking to profitability in 2020
https://techcrunch.com/2021/07/01/robinhood-files-to-go-public-after-squeaking-to-profitability-in-2020/
This afternoon Robinhood, the popular investing app for consumers filed to go public. The company intends to list on the NASDAQ under the symbol “HOOD.”
That Robinhood released an S-1 filing today is not a surprise. The company privately filed to go public back in March, leaving the startup-watching world waiting for the eventual filing drop. Robinhood’s public offering document includes a placeholder $100 million raise figure, though that will change the closer we get to its debut.