Robinhood Has the Worst Debut Ever for IPO of Its Size

Bloomberg2021-07-30

(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason. Shares in the broker behind the meme-stock revolution fell 8.4% ...

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Comments

Frodo555
2021-07-30
Frodo555
Oops! ?
jacktan82
2021-07-30
jacktan82
Lol
AngieAbcde
2021-07-30
AngieAbcde
Trustworthy?
peterob1
2021-07-30
peterob1
[Facepalm] Sad to hear
- peterob1:
  Haha
ngckkk
2021-07-30
ngckkk
might be due to the saga of meme stocks
Jyao
2021-07-30
Jyao
Like

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That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806097789,"gmtCreate":1627615192641,"gmtModify":1703493423393,"author":{"id":"3576721240338977","authorId":"3576721240338977","name":"jacktan82","avatar":"https://static.tigerbbs.com/659cd53901aa22edf9f6a90984ca6568","vip":1,"crmLevel":1,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3576721240338977","idStr":"3576721240338977"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806097789","repostId":1124605540,"repostType":4,"repost":{"id":"1124605540","kind":"news","pubTimestamp":1627607608,"share":"https://ttm.financial/m/news/1124605540?lang=en_US&edition=fundamental","pubTime":"2021-07-30 09:13","market":"us","language":"en","title":"Robinhood Has the Worst Debut Ever for IPO of Its Size","url":"https://stock-news.laohu8.com/highlight/detail?id=1124605540","media":"Bloomberg","summary":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and n","content":"<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Has the Worst Debut Ever for IPO of Its Size\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124605540","content_text":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":808775668,"gmtCreate":1627613661654,"gmtModify":1703493390287,"author":{"id":"3582760464345135","authorId":"3582760464345135","name":"AngieAbcde","avatar":"https://static.tigerbbs.com/afd4bd4f4d998862f09bdc2916fcc2ab","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3582760464345135","idStr":"3582760464345135"},"htmlText":"Trustworthy?","listText":"Trustworthy?","text":"Trustworthy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808775668","repostId":1124605540,"repostType":4,"repost":{"id":"1124605540","kind":"news","pubTimestamp":1627607608,"share":"https://ttm.financial/m/news/1124605540?lang=en_US&edition=fundamental","pubTime":"2021-07-30 09:13","market":"us","language":"en","title":"Robinhood Has the Worst Debut Ever for IPO of Its Size","url":"https://stock-news.laohu8.com/highlight/detail?id=1124605540","media":"Bloomberg","summary":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and n","content":"<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Has the Worst Debut Ever for IPO of Its Size</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":808751660,"gmtCreate":1627612077650,"gmtModify":1703493355280,"author":{"id":"3582888287934264","authorId":"3582888287934264","name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3582888287934264","idStr":"3582888287934264"},"htmlText":"[Facepalm]&nbsp;Sad to hear&nbsp;","listText":"[Facepalm]&nbsp;Sad to hear&nbsp;","text":"[Facepalm] Sad to hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808751660","repostId":1124605540,"repostType":4,"repost":{"id":"1124605540","kind":"news","pubTimestamp":1627607608,"share":"https://ttm.financial/m/news/1124605540?lang=en_US&edition=fundamental","pubTime":"2021-07-30 09:13","market":"us","language":"en","title":"Robinhood Has the Worst Debut Ever for IPO of Its Size","url":"https://stock-news.laohu8.com/highlight/detail?id=1124605540","media":"Bloomberg","summary":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and n","content":"<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5375454,"gmtCreate":1627612088425,"gmtModify":1663231700550,"authorId":3582888287934264,"author":{"id":3582888287934264,"idStr":"3582888287934264","authorId":3582888287934264,"name":"peterob1","avatar":"https://static.tigerbbs.com/d59b7e35254008f12e8d269f053963b9","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[]},"repliedAuthorId":0,"objectId":808751660,"type":1,"supId":0,"prevId":0,"content":"Haha","text":"Haha","html":"Haha"}],"langContent":"EN"},{"id":808760363,"gmtCreate":1627610874552,"gmtModify":1703493322083,"author":{"id":"3556014229499035","authorId":"3556014229499035","name":"ngckkk","avatar":"https://static.tigerbbs.com/d1e114dfd4580625c8151f1dd0b330fc","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3556014229499035","idStr":"3556014229499035"},"htmlText":"might be due to the saga of meme stocks","listText":"might be due to the saga of meme stocks","text":"might be due to the saga of meme stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808760363","repostId":1124605540,"repostType":4,"repost":{"id":"1124605540","kind":"news","pubTimestamp":1627607608,"share":"https://ttm.financial/m/news/1124605540?lang=en_US&edition=fundamental","pubTime":"2021-07-30 09:13","market":"us","language":"en","title":"Robinhood Has the Worst Debut Ever for IPO of Its Size","url":"https://stock-news.laohu8.com/highlight/detail?id=1124605540","media":"Bloomberg","summary":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and n","content":"<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Has the Worst Debut Ever for IPO of Its Size</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":808789495,"gmtCreate":1627610487917,"gmtModify":1703493310735,"author":{"id":"4087362794409800","authorId":"4087362794409800","name":"Jyao","avatar":"https://static.tigerbbs.com/07173c637c1f024d34616356738353f6","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-1","name":"Debut Tiger","description":"Join the tiger community for 500 days","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"authorIdStr":"4087362794409800","idStr":"4087362794409800"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/808789495","repostId":1124605540,"repostType":4,"repost":{"id":"1124605540","kind":"news","pubTimestamp":1627607608,"share":"https://ttm.financial/m/news/1124605540?lang=en_US&edition=fundamental","pubTime":"2021-07-30 09:13","market":"us","language":"en","title":"Robinhood Has the Worst Debut Ever for IPO of Its Size","url":"https://stock-news.laohu8.com/highlight/detail?id=1124605540","media":"Bloomberg","summary":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and n","content":"<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Has the Worst Debut Ever for IPO of Its Size\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-30 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood"},"source_url":"https://finance.yahoo.com/news/robinhood-flirts-worst-debut-ever-172454124.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124605540","content_text":"(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason.\nShares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according to data compiled by Bloomberg.\nIt dethroned the 2007 IPO by another brokerage, MF Global Holdings Ltd., as the worst debut among qualifying firms. MF Global ended its first day down 8.2%.\nRobinhood opened at the $38 initial public offering price. For an IPO of Robinhood’s size and larger, that’s the weakest opening trade since Uber Technologies Inc. in May of 2019 among U.S. firms. Uber finished its debut session down 7.6%.","news_type":1,"symbols_score_info":{"HOOD":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":87,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1124605540","isCrawlerRequest":true}