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Robinhood files for IPO despite ongoing lawsuits and fines The popular stock trading app Robinhood filed for an IPO on Thursday while still under fire for halting trade of meme stocks in January. Robinhood files for IPO Robinhood became popular due to its ease of use and gamified stock trading features. The company has agreed to pay $70 million in fines and restitution after the meme stock trading shutdown in January.
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