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I am the second

Robinhood IPO brings meme stock icon into the Wall Street fold

Today is the day everyone can begin buying and selling shares in Robinhood, which goes public on the New York Stock Exchange after raising $1.89 billion in its IPO.

Why it matters: Robinhood is considered a proxy for the rise of retail investing, particularly among younger Americans. But it also has drawn regulatory and political scrutiny for a variety of business practices, and found itself in the crosshairs after users drove up the price of GameStop stock earlier this year.

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