Over the first half of this week, Robinhood Markets shares grew by 100%. However, the news about a secondary placement dropped the quotation by 27.59%. Tech analysis of Robinhood Markets shares for August 6th, 2021.
In this article, we’ll talk about one of the most anticipated IPOs of 2021, Robinhood Markets. Professional market players are calling the company’s clients, who use its application with the same name, “robinhoods”.
IPO volumes over the first six months of 2021 exceeded the results of the whole 2020 - $171 billion against $168 billion. Some $105 billion out of them were generated by mergers with SPACs.