Crazy Cathie or Competent Cathie?
The financial markets are celebrating after Wall Street’s crush, Cathie Wood, scooped up three million shares of Robinhood.
Ostensibly, ARK bought the dip.
Eric Ladny at The News Rundown writes:
“This brings us back into the $HOOD which went public on July 29th. Following in the footsteps of their $COIN buy strategy, Wood and ARK were at it again, buying 3,152,517 shares of $HOOD in its first two days of public trading. With the stock closing the week at $35/share, ARK is already holding over $110 million worth of $HOOD stock.”
Will the men in tights make Robinhood a meme?
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