Cathie Wood’s ARK buys the dip on Robinhood in its largest purchase in 6 months after 23% slump
Summary
Investment firm ARK, led by Cathie Wood, purchased shares of Robinhood following a significant monthly decline in the stock's value. This transaction represents the largest acquisition of the company by the fund in half a year.
HOOD fell 3.3% on Wednesday, broadening its one-month decline to more than 23%.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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