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Benzinga
Benzinga
Business
Shanthi Rexaline

Cathie Wood's Ark Invest Defies Analysts And Bulks Up On Robinhood Shares

Robinhood Ark Invest HOOD Cathie Wood Robinhood Markets, Inc.

A slew of sell-side analysts lowered their price targets for Robinhood Markets, Inc. (NASDAQ:HOOD) shares after the company reported underwhelming fourth-quarter results on Thursday.

Cathie Wood's Ark Invest, however, deemed it fit to add to its position.

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