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Robinhood Stock Is Hot for All the Wrong Reasons A polarizing narrative and rich valuation make HOOD stock a show-me story for now August 4, 2021 By Joanna Makris, InvestorPlace Markets Analyst Aug 4, 2021, 2:51 pm EDT August 4, 2021 Robinhood (NASDAQ: HOOD) the “people’s broker” has been one of the most controversial IPOs of 2021. As the legend goes, Robin Hood and his Merry Men would jump out from hiding as nobles and dukes passed through the woods. The men would then rob the rich to give money to the poor. Similarly, the online broker Robinhood wants to empower everyday retail investors and level an unequal playing field. The message is simple. Deliver commission-free stock trading to the masses. Yet, somewhere along the way, the narrative around Robinhood stock changed significantly.

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