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Riding ‘hood

29 July 2021 By John Foley

The digital brokerage’s IPO values its 21.3 mln customers at about $1,500 each, below one-tenth of peer Interactive Brokers. Robinhood users have less in their accounts, but demographics are on their side. For investors unfazed by its quirks, Robinhood’s beachhead has real value.

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