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Robinhood Ditches IPO Traditions Again in a Roadshow Open to All - Bloomberg

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Robinhood Markets Inc. reshaped how small-time traders buy and sell stocks. Now it’s trying to entice them to invest in companies going public -- including its own shares.

The company that popularized free trading made its case to investors of all kinds in a live-streamed presentation on Saturday. Although this type of event, called a roadshow, is typically limited to hedge funds and other institutions ahead of an initial public offering, Robinhood took the unusual step of making its presentation available for anyone to watch.

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July 25, 2021 at 03:15AM
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Robinhood Ditches IPO Traditions Again in a Roadshow Open to All - Bloomberg
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