Cathie Wood, head of Ark Investment Management, often buys her favorite tech stocks when their prices fall. This time, she’s buying Robinhood Markets (HOOD), adding shares after the online brokerage’s stock dropped following its third-quarter earnings report. Last year, the flagship Ark Innovation ETF gained 35. 49%, far outpacing the S&P 500’s return of 17. 88% in the same period.
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