Speculative investing
Search documents
Wealthfront's IPO Is Here. Its CEO Says Go-Go Speculators 'Aren't Our Clients'
Investopediaยท 2025-12-12 20:45
Key Takeaways Fast-paced speculative investing might be in vogue. But at least one money manager says it isn't trying to make a quick buck. Neither, it seems, are its investors. Wealthfront, a robo-advisor that promotes investing for the long haul, today listed on the Nasdaq under the ticker "WLTH." Its stock opened at around $8 per share, below its $14 IPO price, on a down day for the major U.S. indexes. But it then managed to recover, trading just above that level in afternoon action, implying a market va ...