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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Scoops Up Tesla Shares as Stock Sinks, Ark Trims Robinhood Amid Crypto Weakness

Robinhood Cathie Wood ARK HOOD Ark Invest ARKK Robinhood Markets, Inc. Tesla Inc. ARKQ ARKW
Ark Invest Cathie Wood

On Thursday, Cathie Wood’s Ark Invest made two headline buys: Tesla Inc. (NASDAQ:TSLA) and Robinhood Markets Inc. (NASDAQ:HOOD), even as both stocks were under pressure in the market. Tesla tumbled after a weak earnings reaction, while Robinhood slid amid broader tech weakness and crypto-related selling.

The Tesla Trade

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