Robinhood, Coupang, Coinbase and Roblox are going public in March
During the month of March, several companies are going to debut on the New York parquet. Wall Street is going to welcome in the coming weeks securities such as the broker Robinhood, the e-commerce giant Coupang, the cryptos king Coinbase, or the online gaming and creation platform Roblox.
Robin Hood :
The fashionable trading app among young people still does not have a specific date for its IPO, although it is expected to be during the month of March. Valued at approximately $20 billion, Robinhood hopes to convert some of that funding into equity.
The online gaming and creation platform will begin trading on the New York Stock Exchange on March 10 under the symbol ‘RBLX’. The jump to the park of the popular platform in which users can develop their own video games will be carried out through a direct listing of the shares, a less expensive mechanism than traditional IPOs.
The South Korean e-commerce giant hopes to price its next initial public offering in the United States in between $ 27 and $ 30 a share, which could raise $ 3.6 billion and value the company at $51 billion. It will premiere on the Nasdaq on March 11.
Oscar Healt :
It is a technology-driven health insurance company. According to Investing data, its stock market premiere will take place on March 3 with an initial offer of between $ 32 and $ 34.
Robinhood is not the only broker to hit the New York Stock Exchange in March. Coinbase registered its IPO with the US Securities and Exchange Commission (SEC) at the end of February. The price range in which its shares will range is not yet known.