Robinhood Shares Tick Higher After Report It Seeks Retail Allocation in SpaceX IPO
Robinhood Markets Inc. shares climbed in after-hours trading after reports that the brokerage is attempting to obtain a sizable allocation of shares in SpaceX's anticipated initial public offering to offer through its retail IPO platform. The effort is said to pit Robinhood against major Wall Street banks as SpaceX considers assigning a meaningful …