Neobroker’s stake has fluctuated rapidly since the IPO.
(Photo: AP)
Düsseldorf It was one of the most exciting IPOs of the year, and if you want a little excitement as a shareholder, Robinhood is the best option. Neobroker went public on 29 July, and it went down eight percent that day. After four trading days, shares were quoted with a top 144 percent gain at around $85. Then it fell sharply to $54.
Hardly any expert dares to predict the future development. Josh Brown, CEO of Ritzholtz Wealth Management, told CNBC: “If you told me it was $30 at the end of the week, I’d believe you. If you tell me it’s $120 by the end of the week, that’s $30.” I will have faith in you too. You can convince me for every outcome.”
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Connor Beaumont is a contributor to CA News Ottawa, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that shape their communities. His work highlights relevant stories, emerging trends, and important issues, presenting them in a balanced, accessible, and reader-friendly manner.
