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Robinhood shares surge 60pc on IPO price Vlad Tenev and Baiju Bhatt, co-founders of Robinhood, attend their company s IPO at the Nasdaq in New York s Times Square  Credit: BRENDAN MCDERMID /Reuters  Shares in stock trading app Robinhood skyrocketed as much as 80pc in early trading on Tuesday, forcing US markets to halt buying amid fears of another speculative bubble, reports my colleague Matthew Field.  After listing last Thursday at a valuation of around $32bn, shares in Robinhood slipped on their first day of trading. But the company has since surged to a market cap of over $50bn. Its shares jumped as high as $85, up from their float price of $38.

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