$HOOD stock down on the first day of trading

Posted by reddhd on Thursday July 29, 2021 @08:25PM
from the theverge.com dept.

https://www.theverge.com/2021/7/29/22600570/robinhood-ipo-retail-investors

( 8 comments | 17 points | on HN )

Re:$HOOD stock down on the first day of trading by randomhodler84 on Thursday July 29, 2021 @09:38PM (#28003532)

I’m down after buying at IPO. Disappointing, and there are parallels to COIN; but I am not particularly concerned as I will probably buy more at the lower prices too. RH is currently the no3 brokerage in the US. Their product is much more accessible than their rivals, provides access to custodial cryptocurrency services and holds 1/3 of all dogecoin. They have a very bright future.

[ Parent | on HN ]

Re:$HOOD stock down on the first day of trading by randomhodler84 on Tuesday August 03, 2021 @01:34PM (#28051898)

Update, it hit $45, so a nice profit for now!

[ Parent | on HN ]

Re:$HOOD stock down on the first day of trading by randomhodler84 on Wednesday August 04, 2021 @02:30PM (#28064493)

Sixty nine baby. I guess my bet payed off. Cheers to the hood haters!

[ Parent | on HN ]

Re:$HOOD stock down on the first day of trading by bigman1113 on Thursday July 29, 2021 @08:43PM (#28003250)

Buy the dip, I think it’s definitely going up. Their stock values the company at $32 million only right now!

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Re:$HOOD stock down on the first day of trading by thebean11 on Thursday July 29, 2021 @09:41PM (#28003547)

*billion

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Re:$HOOD stock down on the first day of trading by rdtwo on Thursday July 29, 2021 @09:11PM (#28003396)

It’s worthless stock

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Re:$HOOD stock down on the first day of trading by ThePlugJumbo on Thursday July 29, 2021 @08:31PM (#28003178)

I'm not buying any of this junk. More like ROB in a hood...

[ Parent | on HN ]

Re:$HOOD stock down on the first day of trading by rvz on Thursday July 29, 2021 @09:20PM (#28003430)

As expected. Just like $COIN. I warned them again. [0] [1] I even hoped I was wrong that it would be different this time. [2]

Not again.

[0] https://news.ycombinator.com/item?id=27978631

[1] https://news.ycombinator.com/item?id=27937145

[2] https://news.ycombinator.com/item?id=27984245

[ Parent | on HN ]