The trading app that promised to democratise stock trade has offered its own shares to individual investors in a recent IPO.
The value of Robinhood trading app has shot up, making it more valuable than many of the US blue-chip firms such as Ford.
In fact, Robinhood's stock jumped so much that trading was temporarily halted three times in the first half hour of Wednesday after the market opened at Nasdaq where the company was listed last week.
Robinhood Markets was up $60.15, in the morning, accelerating what's already been a blistering week of gains.
At one point the stock was up 80 percent and hit $85, taking the value of the company to $71 billion. It's a sharp turnaround from the lackluster debut last week, …