Robinhood Markets to Select Nasdaq for Its IPO
Robinhood became immensely popular during the pandemic, as homebound young people turned to online trading to pass the time and make money.
Photographer: Gabby Jones/BloombergThis article is for subscribers only.
Robinhood Markets Inc., the popular trading app, plans to list its shares on Nasdaq when it goes public this year, according to people familiar with the matter.
No final decision has been made and Robinhood’s listing plans could change, said the people, who asked to not be identified because the matter isn’t public. CNBC first reported the Nasdaq news on Friday.