Online brokerage Robinhood reveals revenue surge in IPO filing By Reuters – Investing.com

robinhood reuters online brokerage
Middle East
  • Date: 02-Jul-2021
  • Source: Investing.com
  • Sector: Economy
  • Country: Middle East
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Online brokerage Robinhood reveals revenue surge in IPO filing By Reuters – Investing.com

(Reuters) - Robinhood, the online brokerage at the center of Wall Street's recent retail trading frenzy, on Thursday disclosed paperwork for its flotation on the Nasdaq, setting the stage for one of the most hotly anticipated initial public offerings of the year.

In December, Reuters reported that the app had picked Goldman Sachs Group Inc (NYSE:) to lead preparations for an IPO, which could value it at more than $20 billion.

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