Robinhood To Offer Shares Directly To Its Users
Robinhood Markets, the trading platform popular with novice investors, is considering selling some of its shares directly to its own users when it goes public this year. The Menlo Park, California-based company has weighed allocating a significant minority of the shares it will list to clients, said one of the people. No final decision has been made on how much stock it might sell to its own customers, or if it will proceed with the plan.