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Robinhood Pushes for Bigger Retail Share of Anthropic IPO as Allocations Grow

What happened

Robinhood Chief Financial Officer Shiv Verma wants retail investors to receive larger slices of initial public offerings (IPOs). He said the brokerage will take part in the Anthropic IPO. However, Robinhood does not set the split. Issuers and their banks decide. That share.

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