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    1. Home
    2. >Business
    3. >Robinhood plans confidential IPO filing as soon as March – Bloomberg News
    Business

    Robinhood Plans Confidential IPO Filing as Soon as March – Bloomberg News

    Published by linker 5

    Posted on February 27, 2021

    1 min read

    Last updated: January 21, 2026

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    The image depicts the Robinhood trading app interface, highlighting stock market data crucial to retail investors. This relates to the article on Robinhood's upcoming confidential IPO filing, reflecting its impact on the trading landscape.
    Robinhood trading app interface showcasing stock market data - Global Banking & Finance Review
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    (Reuters) – Online brokerage Robinhood, at the centre of this year’s retail trading frenzy, is planning to file confidentially for an initial public offering as soon as March, Bloomberg News reported late on Friday, citing sources.

    The California-based brokerage has held talks in the past week with underwriters about moving forward with a filing within weeks, Bloomberg said.

    Robinhood did not immediately respond to a request for comment.

    Reuters reported last year that Robinhood has picked Goldman Sachs Group Inc to lead preparations for an initial public offering which could value it at more than $20 billion.

    Robinhood was at the heart of a mania that gripped retail investors in late January following calls on Reddit thread WallStreetBets to trade certain stocks that were being heavily shorted by hedge funds.

    The online brokerage tapped around $3.4 billion in funding after its finances were strained due to the massive trading in shares of companies such as GameStop Corp.

    (Reporting by Ann Maria Shibu in Bengaluru; editing by Richard Pullin)

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