Robinhood seeks bigger share of Anthropic's mega-IPO for retail investors
- Robinhood is competing with rivals to secure a larger share allocation in Anthropic’s upcoming mega-IPO.
- Anthropic’s updated S-1 filing on Monday officially listed Robinhood among the brokerages offering retail share access.
- Robinhood’s executive noted retail investors account for 20% to 25% of market volume and merit a larger tranche.
- Following its October 26 filing, Anthropic is targeting a Nasdaq listing ahead of Thanksgiving on November 26.
Source: ndtvprofit.com
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