ARK Invest Buys Robinhood Shares in Largest Purchase in Six Months

ARK Invest, led by Cathie Wood, made its largest purchase of Robinhood (HOOD) shares in the past six months after the stock fell 3.3% on Wednesday, widening a one‑month decline of more than 23%. The move signals confidence in the brokerage’s long‑term prospects despite recent volatility.