Cathie Wood’s ARK Investment Management scooped up 1.3 million shares of Robinhood (HOOD) after the stock and crypto trading platform debuted on the Nasdaq exchange. HOOD shares closed 8% lower, marking the worst debut ever for an IPO of Robinhood's size. "The Hash" team discusses Ark Invest's timing and possible outlook for HOOD.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/3104779/admin
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community
