ROBINHOOD WINS A NEW ROLE IN THE OURA IPO: UNDERWRITER

Summary from the TLDR Fintech newsletter

The retail brokerage's first official underwriting assignment could help it secure more shares for individual investors, who are often left with limited allocations in popular public offerings. Robinhood ranks last among the deal's 18 banks, so its initial influence may be modest, but the move positions it to play a larger role as a wave of high-profile listings approaches.