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2024-06-11 14:26:57

Ark Invest Offloads $7M Robinhood Shares, HOOD Dips By 2%

The post Ark Invest Offloads $7M Robinhood Shares, HOOD Dips By 2% appeared first on Coinpedia Fintech News Cathie Wood’s Ark Invest offloaded more than $7 billion worth of Robinhood shares on Monday, following which the HOOD stock plunged by 2.13% to $22.92 on Tuesday. It offloaded 323,801 shares of Robinhood, distributed across three of its funds: Ark Innovation ETF (ARKK), Ark Next Generation Internet ETF (ARKW), and Ark Fintech Innovation ETF (ARKF). …

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