Cathie Wood’s ARK Invest dumps $36M of Robinhood stock

By X-blogger - on October 10, 2024

Robinhood Stock Daily Chart

ARK Invest, the cryptocurrency-friendly asset manager founded by prominent Bitcoin bull Cathie Wood, has sold another large portion of its Robinhood holdings. According to a trade notification on Oct. 8, ARK offloaded 1.4 million Robinhood shares worth $36.4 million from its three funds.

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