Robinhood (NASDAQ: HOOD) stock opens trading at $38, the exact level as its IPO price The stock price dropped 11% in early afternoon trading from $38 to $34 Market experts warn day traders against rampant speculations and taking up debts July 29, 2021: Robinhood IPO has possibly been the most eagerly awaited initial public offering The post Robinhood Sinks 11% After Opening At IPO Price of $38 appeared first on Coingape.