S&P 500 - % Dow - % Nasdaq - %Robinhood seeks a $35 billion valuation in its I.P.O. Credit... Kimberly White/Getty Images for Robinhood Robinhood disclosed the expected price range for its initial public offering on Monday, putting the popular stock-trading app one step closer to itself trading on the markets. At the midpoint of that range, it would raise $2.2 billion and be valued at about $33 billion; at the high end, it would be worth about $35 billion. Read moreBill Ackman drops SPAC deal with Universal Music. was concerned whether it qualified as a SPAC deal at all.

Source: International New York Times July 19, 2021 11:15 UTC