'Don't want to miss it': Robinhood IPO loyalists stay the course

By Krystal Hu

Technology
Friday, 30 Jul 2021
11:04 PM MYT

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FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo

(Reuters) - Rick Ornelas got into Robinhood Markets Inc's initial public offering (IPO) every way he could.

As a user of the trading app, the Houston-based author of life-coaching books applied for and received 50 Robinhood shares in its IPO. When the shares traded down more than 10% in their debut on Thursday, he doubled down by acquiring 75 more shares through Fidelity Investments, where he holds his main trading account.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
SAPNRG	0.040	0.050	0.040	0.045	0.005	12.50	1,740,426
BORNOIL	0.005	0.010	0.005	0.010	0.000	0.00	1,608,129
HSI-CWCF	0.075	0.080	0.060	0.065	0.000	0.00	1,568,406
SALIRAN	0.275	0.275	0.200	0.210	-0.060	-22.22	1,343,782
HSI-PWD4	0.130	0.145	0.125	0.140	0.000	0.00	935,956
HSI-PWD2	0.095	0.105	0.085	0.100	-0.005	-4.76	904,762
NATGATE	1.210	1.370	1.200	1.310	0.140	11.97	803,062
TAWIN	0.030	0.040	0.030	0.035	0.005	16.67	802,919
NEXG	0.255	0.265	0.250	0.255	0.000	0.00	537,117
HSI-CWCD	0.115	0.115	0.075	0.080	-0.005	-5.88	461,328
CIMB	7.010	7.320	6.950	7.250	0.250	3.57	435,663
MYEG	0.910	0.940	0.910	0.925	0.020	2.21	419,511
GAMUDA	3.820	3.950	3.820	3.900	0.130	3.45	394,802
HSI-PWDN	0.050	0.060	0.050	0.060	0.000	0.00	320,585
HSI-CWCY	0.230	0.235	0.205	0.215	0.005	2.38	301,990

'Don't want to miss it': Robinhood IPO loyalists stay the course