Cathie Wood Bets $9.1M on Robinhood After Stock’s Sharp Post-Earnings Drop
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TL;DR: Institutional acquisition: ARK Invest added 99,418 shares of Robinhood Markets (HOOD) valued at approximately $9.1 million on October 28, 2026. Largest purchase in six months: The transaction represents the firm’s largest capital inflow into the platform since April 29, 2026, when it executed a $39 million purchase. Decline in crypto revenues: Robinhood reported a 55% year-over-year contraction in its cryptocurrency transaction revenues during the third quarter, reaching $120 million. ARK Invest , the firm founded and led by Cathie Wood, bought 99,418 shares of Robinhood Markets worth $9.1 million after the market close on October 28, 2026. Here is every move that Cathie Wood and Ark Invest made in the stock market today 10/28 pic.twitter.com/F5SPjSxaU6 — Ark Invest Tracker (@ArkkDaily) October 29, 2026 The transaction took place following the…
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