Cathie Wood's ARK Invest bought approximately $9.1 million worth of Robinhood stock on Wednesday, marking its largest purchase of the stock since April 29. Earlier this month, ARK sold approximately $47.5 million worth of Robinhood stock between October 6 and October 9, when the stock closed between $107 and $112. This purchase comes after Robinhood released its third-quarter earnings report, which showed a 55% year-over-year decline in cryptocurrency trading revenue to $120 million and a 38% drop in cryptocurrency trading volume to $50 billion. (CoinDesk) https://www.(wublock123.com)/news/ark-invest-buys-9-1m-robinhood-stock-six-month-high-70940