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Meme Frenzy 'No Secret' Before Robinhood's IPO, Judge Says

By Dorothy Atkins ( November 21, 2023, 4:20 PM EST) -- A California federal judge appeared skeptical Tuesday of keeping alive a proposed securities class action alleging Robinhood Markets Inc. hid how a "meme stock" and crypto trading frenzy overstated its financial outlook in the lead-up to its $2.1 billion initial public offering, saying those trends "were no secret" at the time....

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