Trading of the stock wasreportedly halted for volatilityseveral times.
The company also faced scrutiny amid theGameStop stock surge, leading to acongressional hearing.
Still, the companysaidlast week that it netted roughly $1.89 billion from the sale of 55 million shares.
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As of 11:30 a.m.
ET, Robinhood shares were at $60.10, a more than 28% increase over Tuesday’s close.
In atweetWednesday, Robinhood noted that “exchanges, not Robinhood, initiated temporary trading halts of HOOD.”
The company linked to an explainer on trading halts imposed by exchanges and the Securities and Exchange Commission.
