Robinhood is in the news once again. The controversial commission-free stock trading and investing app is reportedly all set to go public. InvestorPlace Web Content Producer Sarah Smith wrote an insightful article regarding what we know so far about the planned 2021 initial public offering (IPO).
One thing we know for sure is that shares will skyrocket once they hit the Nasdaq. One of the stories that have dominated the investing world in the last year is the rise of Robinhood. Due to the novel coronavirus pandemic, millennial investors have found a lot of time on their hands and used their stimulus check to try and make some money on the stock market.