Robinhood is going public – should you invest?

Online stockbroking app Robinhood is going public on the US stock exchange. Saloni Sardana looks at whether it's worth a punt.

Robinhood app
(Image credit: © Getty Images)

Online stockbroking app Robinhood is going public, but it may already be bracing itself for a lacklustre start.

Robinhood is due to trade later today under the symbol “HOOD” on the Nasdaq exchange, marking the seventh biggest public listing (also known as an initial public offering, or IPO) to take place on a US exchange in 2021. It is looking to raise $2.1bn.

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Saloni Sardana

Saloni is a web writer for MoneyWeek focusing on personal finance and global financial markets. Her work has appeared in FTAdviser (part of the Financial Times),  Business Insider and City A.M, among other publications. She holds a masters in international journalism from City, University of London.

Follow her on Twitter at @sardana_saloni