Robinhood is 18th of 18 on Oura. The channel is the story.

Robinhood landed its first IPO underwriting role on Oura’s deal, ending 18th out of 18 banks. The ranking underscores that its underwriting slot is likely minor economically, but it signals a bigger change: retail access is being deliberately widened for this IPO cycle. SpaceX reserved roughly 20% of its shares for individual investors, while Fidelity cut its minimum order size for that deal from $500,000 to $2,000. That’s a 250-fold drop. The article links the shift to the idea that retail investors can become long-term customers. Oura itself is described as an attractive test case, aiming to raise up to $3bn at a valuation above $16bn, with fast-growing revenue and an engaged owner base.