3 Numbers That Should Shock Robinhood Shareholders
Charlie Munger has called Robinhood (NASDAQ: HOOD) a "gambling parlor masquerading as a respectable business." Its founders have argued that they are democratizing finance for the next generation of investors. Whichever side of the debate you fall on, most agree the trading app is shaking up the retail-investing landscape.
Amid the barbs and headlines, its initial public offering (IPO) has revealed many numbers that inform the debate. Here are three that would cause me to think twice before buying shares.
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Source Fool.com
