Cathie Wood still believes in the Robinhood story, buys nearly $80 million worth during 10% drop

Published Thu, Oct 28 20219:08 AM EDTUpdated Thu, Oct 28 20211:59 PM EDT

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021.

Kyle Grillot | Bloomberg | Getty Images

Innovation investor is doubling down on Robinhood following an earnings-induced sell-off in the stock trading app.

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