Is Robinhood Stock A Buy Right Now After Its Hyped IPO?

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Robinhood Markets (HOOD) is the popular stock market-trading app among young and first-time investors and traders. After the company's hyped IPO on July 29, is Robinhood stock a buy in the current stock market rally? X Robinhood Stock IPO On July 28, Robinhood priced 55 million shares at $38 a share, raising $2.1 billion. But the pricing came in at the low end of its expected range. The stock closed the day at 34.82, more than 8% below the IPO price. The company is known for pioneering commission-free stock trading with no account minimums. The platform allows users to make unlimited commission-free trades in stocks, exchange-traded funds, options and cryptocurrencies. Robinhood ranked among the best online stock brokers in 2021 for Mobile Trading Platforms/Apps and Margin Investing/Interest Rate. The app is popular among young and first-time investors and traders. Millions of young investors flocked to Robinhood during the meme-stocks trading mania for stocks  like
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