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Robinhood is seeking a market valuation of as much as $35 billion in its upcoming initial public offering, according to an amended filing.
The company will seek to sell at a range of $38 to $42 per share, according to the filing. The company is looking to sell 55 million shares at that range to raise as much as $2.3 billion.
The price of Bitcoin is up 2.40% at $30,555.20 on mid-Tuesday trades. Bitcoin was down 4.63% at $29,055, on Monday, closing below the significant $30,000 – level ending a 3-day winning streak and reversing Sunday’s gain of 4.15%. Bitcoin’s “Fear and Greed Index” falls to a 2022 low at...
S&P 500 is trading down 0.39% at 4008.02 Global shares recovered on Tuesday on optimism about an easing of China’s crackdowns on tech and COVID-19, but concerns about rising prices and slowing growth worldwide set a nervy tone elsewhere in markets. European shares followed up a positive start in...
AUD/USD is trading down 0.06% at 0.6932 The Australian dollar and the Chinese yuan came under pressure from weak Chinese economic data on Monday, while the U.S. dollar consolidated gains near a 20-year peak. Comments by ECB policymaker Francois Villeroy de Galhau that the euro’s weakness could threaten the...