Cathie Wood Buys The Dip In Robinhood Stock, Solana ETF As Jobs Data Sparks Market Crash
ARK Invest, led by Cathie Wood, bought shares of Robinhood Markets (HOOD) and the 3iQ Solana Staking ETF (SOLQ.U) amid a market selloff triggered by strong U.S. jobs data, raising expectations of a Fed rate hike. ARKG added 28,589 HOOD shares ($3.49M) and 3,392 SOLQ.U shares ($28,120). The Dow, S&P 500, and Nasdaq fell 0.51%, 0.38%, and 0.29% respectively.



