Robinhood IPO: Shares Tumble In Trading Debut As Billionaire CEO Defends Meme-Stock Craze

"I think it’s a real thing," Robinhood’s CEO said of the retail-trading frenzy that fueled record growth for the company ahead of its IPO but has yet failed to boost its shares.

Source: https://www.forbes.com/sites/jonathanponciano/2021/07/29/robinhood-ipo-stock-billionaire-ceo-defends-meme-stocks/

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