The innovation investor remains unfazed about the widespread sell-off in tech stocks.
The founder and CEO of Ark Invest purchased a total of 2.58 million shares of popular stock trading app Robinhood after the stockto a record low of less than $10 per share on Friday following a dismal quarterly earnings report.
Robinhood is down nearly 70% since going public last year but Wood has continued to buy shares of the company since late October—when the stock plunged below its IPO price of $38 per share.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Cathie Wood's Ark Invest Buys 2.5 Million Robinhood Shares After Its Crypto Wallet LaunchICYMI: Ark Invest buys a whopping 2,447,100 of Robinhood shares as they plunged 3.1% Bitcoin $HOOD $DOGE
Les mer »
Cathie Wood's Ark Invest Buys 2.5 Million Robinhood Shares After Its Crypto Wallet LaunchICYMI: Ark Invest buys a whopping 2,447,100 of Robinhood shares as they plunged 3.1% Bitcoin $HOOD $DOGE
Les mer »
Has Robinhood's stock bottomed? This analyst says, 'Yes, indeed.'For Robinhood investors wondering if $HOOD has finally bottomed after a near six-month drubbing, Mizuho analyst Dan Dolev listed a number of reasons why he believes “yes, indeed.”
Les mer »
The Tesla Precept Is An Unofficial Concept That Illustrates The Roadster With More Attitude | CarscoopsThe Tesla Precept Is An Unofficial Concept That Illustrates The Roadster With More Attitude | Carscoops carscoops
Les mer »
Elon Musk And The Other Billionaires Whose Fortunes Fell This Week As Tech Stocks Continue To StruggleThe founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks.
Les mer »
Elon Musk And The Other Billionaires Whose Fortunes Fell This Week As Tech Stocks Continue To StruggleThe founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks.
Les mer »