Cathie Wood Buys Robinhood Stock Worth $800,000, HOOD Jumps 10% Over The Week
The post Cathie Wood Buys Robinhood Stock Worth $800,000, HOOD Jumps 10% Over The Week appeared first on Coinpedia Fintech News
Ark Invest buys 45,792 Robinhood stocks worth over $800,000. This comes following a continued strategy as the firm buys the dip. In the last 30 days, the crypto stock fell over 22% as some holders dumped the asset. However, buying opportunities opened for Cathie Wood and other investors who continue to rake in the asset. Last week, Ark Invest bought $2.4 million worth of HOOD stock amid its positive earnings. Despite the recent dip, HOOD’s stock price stands at $18.54. It has jumped over 10% in the past week amidst the recovery.
