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ARK Invest Makes Largest Robinhood Stock Purchase in Six Months After Price Drop
(3 hours ago) · 1 source · Summarized by CryptoBipto
Cathie Wood's ARK Invest reportedly made its largest purchase of Robinhood shares in six months, following a 23% decline in the stock's price. The buy represents ARK's strategy of purchasing assets during significant price drops.
WHY IT MATTERS
Robinhood is a popular trading app that lets people buy and sell stocks and cryptocurrencies.
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SOURCES
- coindesk.com
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Institutional InvestmentARK InvestRobinhoodStock Market