Backblaze Stocks: Everything You Need to Know

In just a few days, Backblaze will become a publicly traded company, and you can be among the first to invest in its initial public offering (IPO). But before you make your move, it's essential to understand the company's mission, business model, dividend strategy, and more. That's why we've put together this comprehensive guide to help you navigate the Backblaze IPO.

Firstly, let's talk about the IPO details. Backblaze will offer 6,250,000 shares at a range of $15 to $17 per share. This is a significant event in the world of finance, with an estimated value of $100 million if the stock prices at the median of that range.

So, what does this mean for you? If you're a Robinhood user, you can search for the Backblaze stock ticker 'BLZE' on the platform right now and potentially receive shares at the IPO price. Raymond James, Oppenheimer, William Blair, and others will be handling the IPO process.

But here's what makes this opportunity even more exciting - Robinhood has a history of success in IPO investing. According to data, nearly half of the IPOs the platform decided to share with retail investors have made at least 50% so far. In fact, five out of seven of these stocks are still making gains of 50% or more.

Backblaze is just one of the many companies that will be available on Robinhood's IPO Access platform. This innovative service allows ordinary people to invest in IPOs alongside venture capital and other 'preferred' investors at IPO prices. Thanks to Robinhood, retail investors now have a shot at Backblaze IPO shares, giving them access to profits they may never have had before.

So, will Backblaze stock be part of that winning half? Only time will tell, but with this guide, you're well-equipped to make an informed decision about your investment. Take the leap and join the ranks of savvy investors who are already reaping the benefits of IPO investing on Robinhood.

Backblaze stocks