Robinhood filed to go public on July 1 revealing just how profitable the pandemic year has been for a company dedicated to giving investors commission-free stock trading on their phones.Paperwork filed with the US Securities and Exchange Commission (SEC) showed the financial services company earned $7.5 million in 2020, its first profitable year since it was founded in 2013. The company lost hundreds of millions in recent years, including a $107 million loss in 2019 and a whopping $1.4 billion in fundraising-related losses in the first quarter of 2021. The company will be listed under the stock ticker HOOD.The new face of investingRead the rest of this story on qz.com. Become a member to g
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