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Robinhood shares strongly heckled for its first steps on the stock market

2021-08-08T16:01:41.387Z


The title of the preferred broker of small holders is the subject of intense speculation on Wall Street.


The action of the very popular American online broker Robinhood, which went public on July 29 with relative indifference, has been the subject of intense speculation for several days.

The stock, which was introduced at a price of $ 38, had lost just over 8% on its first day of listing.

The broker had however done everything to seduce its 22 million users.

It had reserved more than a third of its shares for them at a price equivalent to that offered to institutional investors.

Correctly served during the introduction, individuals did not rush in the first days of listing.

But last Wednesday, the mood changed dramatically and counters went wild around the Robinhood action.

Driven by stock market internet users, the title of "Robin Hood" online soared up to $ 85 during the session.

The volume of transactions increased tenfold, causing several trading interruptions.

In less than one

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Source: lefigaro

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