the staff of the Ridgewood blog
Ridgewood NJ, Amateur investors will soon have access to initial public offering shares through Robinhood. Retail traders usually have to wait until companies are listed on an exchange to begin trading. An IPO, or initial public offering, refers to the process a private company participates in as it offers shares of stock to investors for the first time. When a company goes through an IPO, we often say it is “going public.”
Robinhood’s new IPO Access will give retail traders the same opportunity to access IPOs previously reserved for Wall Street’s institutional investors or high-net-worth individuals. Medical scrubs company Figs will be the first company to offer its IPO shares on the Robinhood platform.
