Robinhood turned a publicly-traded firm right this moment. It has been listed on the Nasdaq inventory change by way of an unorthodox IPO underneath the ticker, HOOD. Based on a press release, the inventory buying and selling platform has raised round $2.1 billion, which is on the low finish of its $38-$42 value vary.
This text explains the best way to purchase Robinhood shares right this moment, offering you with an inventory of the most effective Robinhood buying and selling platforms and different key info that it is best to know earlier than investing. If investing in Robinhood is of curiosity to you, or should you simply need to discover out extra in regards to the HOOD IPO, you’ve come to the best place.
Easy methods to purchase Robinhood shares right this moment
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To purchase HOOD inventory right this moment, take a look at the part straight beneath. There, our analysts have listed the most effective locations to purchase Robinhood inventory within the UK and worldwide.
Upon getting chosen the platform that most accurately fits your investing targets and monetary wants, click on on the related hyperlink. Then, fill out some primary info and confirm your account. After you’ve accomplished these easy steps, easy fund your newly created account by way of a supported supply and purchase the variety of HOOD shares you need to maintain.
The place to purchase Robinhood inventory on-line
You’ll be able to put money into Robinhood inventory by way of both of the next platforms. Our analysts have examined all the prime buying and selling choices, they usually have decided the 2 beneath provide the most effective all-around service for buyers and merchants due to their low charges, high-quality consumer interfaces and normal ease of use.
So, with out additional ado, listed here are the most effective platforms to purchase, promote and commerce Robinhood shares proper now:
eToro is without doubt one of the world’s main multi-asset buying and selling platforms providing among the lowest fee and charge charges within the trade. It is social copy buying and selling options make it an ideal alternative for these getting began.
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CAPEX.com is an awarded fintech model, globally acknowledged for a powerful presence in shaping the way forward for buying and selling. The corporate focuses on making the markets extra accessible & reworking the best way folks commerce on-line.
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Based in April 2013 by Vladimir Tenev and Baiju Bhatt, and primarily based in California, it’s an American monetary providers firm. By way of its easy-to-use app that launched in 2015, it provides commission-free investing entry to a various prepare of property, together with shares, exchange-traded funds (ETFs), choices, gold, and cryptocurrencies.
Ought to I purchase the Robinhood IPO?
Whether or not or not you can purchase HOOD inventory relies upon by yourself funding technique and your tolerance of danger. Investing in any IPO all the time carries a level of danger, however that is typically mitigated by the involvement of institutional buyers who assist stabilised a inventory’s value.
Whereas Robinhood’s fame with the general public has been tumultuous in latest months, particularly within the face of the WallStreetBets fiasco, its commission-free mannequin has produced vital success, producing $682 million in payment-for-order-flow income in 2020, a 514% improve year-on-year. As well as, regardless of its latest controversies, it managed so as to add $3.4 billion to its stability sheet throughout the GameStop quick squeeze.
With greater than 13 million lively customers already, this capital elevate could possibly be a catalyst second for Robinhood, sparking a brand new part of development and driving the corporate in direction of an elevated valuation and total operational growth.
You’ll want to preserve checking the Invezz information within the coming weeks to seek out out our Robinhood value goal for 2021.
Social media protection of the $HOOD IPO
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