Robinhood Markets targets July for IPO


New date: A file picture showing the Robinhood vestment app.Robinhood wants to time its IPO so people will be back from the July 4 holiday travel. —AFP

NEW YORK: Robinhood Markets Inc is now looking to go public in July, after its plans for a listing as soon as this month slipped, according to people familiar with the matter.

Robinhood wants to time its initial public offering (IPO) so people will be back from July 4 holiday travel, said the people, who asked to not be identified because the matter isn’t public.A final decision hasn’t been made and Robinhood’s listing plans could change again, the people said.

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