Half a Dozen IPOs Led by Robinhood Launch in Summer Boom
- At least six companies kicked off IPO roadshows Monday
- These add to the already record-breaking U.S. IPO market
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Ahead of the usual summer doldrums in August, more technology companies are rushing out their initial public offerings while the market is still hot.
Robinhood Markets Inc., the retail trading platform that made headlines this year, filed on Monday with the U.S. Securities and Exchange Commission to start the roadshow of its $2.2 billion IPO, the fifth biggest listing this year, according to data compiled by Bloomberg.