Robinhood CEO tells AP it’s eyeing expansion beyond trading
Posted on AllSides July 29th, 2021
From The Left
Robinhood has already changed how people trade stocks and who’s doing it. Now its sights are on the rest of the financial industry.
Shares of Robinhood Markets traded for the first time on the Nasdaq Thursday, following the highly anticipated initial offering by the company that’s drawn a new generation of investors into the market and forced the industry to stop charging fees for trading. Shares swung sharply through the day before ending with an 8.4% drop. But while the IPO is a milestone, it’s not a culmination, according to...