Robinhood’s Tepid IPO Shows Successful Investing Isn’t That Easy
2021 has seen the rise of the ‘meme stocks’ has captured a lot of the investing world’s attention. And if there was ever a company that would be the next beneficiary of the meme stock phenomenon, Robinhood (NASDAQ: HOOD) certainly meets that criterion.
But, on the day of its IPO, Robinhood did not take off like everyone thought and hoped it would. Not…