7-20-2021: Robinhood IPO: Could the Valuation Be Worth $35 billion?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 21 July 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
According to its prospectus, the stock trading app is hoping to sell 55 million shares at a range of $38 to $42 per share.
Today's Stocks & Topics: WFG - West Fraser Timber Co. Ltd, Bitcoin, Saving for Retirement, Are You Considered Middle Class, OKE - ONEOK Inc., CCL - Carnival Corp., XOM - Exxon Mobil Corp., How Often Should You Review Your Portfolio, COHU - Cohu Inc., Should You Pay Off Student Loans or Invest, PLBY - PLBY Group Inc., DIA - SPDR Dow Jones Industrial Average ETF Trust, IWB - iShares Russell 1000 ETF, T - AT&T Inc., VZ - Verizon Communications Inc.
TRIVIA QUESTION: "Can you name 4 or 5 companies that have made the "list of corporate downfalls"? I am talking about highly recognizable names that were once respected brands... but are now... defunct."
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Transcript
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| 0:00.0 | Now, on this Invest Talk podcast, Steve Peasley listens to your questions and provides unbiased answers. |
| 0:10.0 | Invest Talk, over 31 million downloads and counting. |
| 0:14.0 | I wanted to get your opinion on ticker symbol. |
| 0:17.0 | I just really like it as a long-term play. |
| 0:19.0 | Appreciate the show, appreciate all the knowledge and thanks guys. |
| 0:22.0 | Your participation makes it unique. |
| 0:25.0 | 880-99-Chart. |
| 0:31.0 | This podcast is produced by KPP Financial, Steve Peasley President, KPP Financial, independent thinking, shared success. |
| 0:43.0 | And out today's podcast. |
| 0:48.0 | Good afternoon everybody and welcome to Invest Talk. |
| 0:51.0 | It is Tuesday, July 20, 2021 and it's in the middle of the summer. |
| 0:57.0 | Out of July 20, isn't that the middle? |
| 0:59.0 | Maybe not till the end of July. |
| 1:01.0 | I don't know. |
| 1:02.0 | But we're in summer and it's hot out here in Southern California. |
| 1:05.0 | I don't know wherever you are if it's hot. |
| 1:08.0 | But out. |
| 1:09.0 | And we're seeing plenty of volatility in the stock market. |
| 1:12.0 | You saw yesterday how far it fell and then you saw today back up 550 points with the Dow. |
| 1:20.0 | So still down for the two days but volatility is growing. |
| 1:26.0 | It's getting worse, not better. |
| 1:29.0 | And I think we will see volatility through the rest of the summer and into the fall I think. |
... |
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