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A Gamble Inside a Gamble: Robinhood's Wild Memestock IPO

Robinhood will offer IPO shares to its own users, highlighting the company's dependence on complex, high-risk bets.

Updated Sep 14, 2021, 1:20 p.m. Published Jul 2, 2021, 4:27 p.m.
Vlad Tenev, chief executive officer and co-founder of Robinhood Markets Inc., speaks virtually during a House Financial Services Committee hearing on Thursday, Feb. 18, 2021.
Vlad Tenev, chief executive officer and co-founder of Robinhood Markets Inc., speaks virtually during a House Financial Services Committee hearing on Thursday, Feb. 18, 2021.