Financе

Cathie Wood Offloads $123M Coinbase & Robinhood Stocks This Week

Ark Invest, led by Cathie Wood, made significant divestments this week, unloading approximately $122 million worth of shares in Coinbase (COIN) and Robinhood (HOOD). The move comes amid a surge in their stock prices, hitting fresh 52-week highs. However, on Friday, when the maximum dump was recorded for Ark Invest, both COIN and HOOD stocks slumped significantly.

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