Robinhood Markets Inc., the popular trading app, plans to list its shares on Nasdaq when it goes public this year, according to people familiar with the matter.
No final decision has been made and Robinhood’s listing plans could change, said the people, who asked to not be identified because the matter isn’t public.
A representative for Robinhood didn’t immediately respond to a request for comment.
Robinhood plans to confidentially file for an initial public offering with the U.S. Securities and Exchange Commission as soon as this month, people familiar with the matter said last week.
Robinhood became immensely popular during the pandemic, as homebound young people turned to online trading to pass the time and make money.