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Robinhood’s Lackluster IPO Doesn’t Deter ARKK

Robinhood's Lackluster IPO Doesn't Deter ARKK

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Robinhood Markets Inc, the trading app used by retail investors and the driver behind many of the hot stocks of this year, received a less than stellar reception in its debut on the stock markets. While it initially opened at IPO price of $38, it rapidly fell, ultimately to close down 8.4%, reports The Wall [.

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