Major Investors Bet on Robinhood's Crypto Recovery
Following Robinhood's nearly 12% stock drop due to weaker crypto trading, investors like Cathie Wood's Ark Invest are buying in, signaling confidence in the platform's future. Ark Invest purchased over 500,000 shares, valuing around $39.7 million, after Robinhood's earnings miss on April 28. This move reflects a contrarian view that the earnings disappointment was just a minor setback. Wall Stree…
April 30, 2026, 7:30 p.m.