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2021

Stephen Diamond spoke with Protocol.com about Robinhood's broken IPO

Stephen Diamond spoke with Protocol.com about Robinhood's disappointing IPO.

By the standard definition, Robinhood's was "a broken IPO." That's how Santa Clara University's Stephen Diamond, a veteran corporate governance expert, described the debut, noting that a successful IPO would lead to "a first day pop of 10% to 20%."

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