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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Loads Up In These 3 Crypto-Linked Stocks On Monday

Cathie Wood Block Coinbase Robinhood Nasdaq COIN HOOD Ark Invest Ark Investment Management Coinbase Global Inc

Cathie Wood-led Ark Investment Management on Monday loaded up more shares in Robinhood Markets Inc (NASDAQ:HOOD), Coinbase Global Inc (NASDAQ:COIN) and Block Inc (NYSE:SQ) on the day shares of the cryptocurrency-linked fintech stocks rose after the recent slump.

The popular money manager bought 129,000 shares — estimated to be worth $1.8 million — in Robinhood on the day shares of the financial platform that deals in stocks, exchange-traded funds and cryptocurrencies soared.

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