Retail Traders Takeover: The IPO Revolution

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Wall Street's Dumb Money Gets Smart: Retail investors are crashing the IPO party, once reserved for big institutions. Crypto firm Bullish's recent IPO soared 143% thanks to everyday traders using Robinhood and SoFi. Now, companies like Gemini are allocating up to 10% of IPO shares to individuals, drawn by their enthusiasm and longer-term investments. But can this retail revolution last when the market turns? Hosted on Acast. See acast.com/privacy for more information.