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Cathie Wood Buys The Dip on Robinhood Stock, HOOD Price Up 10% Over The Week

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Cathie Wood bought 45,792 Robinhood stocks worth over $800,000 on July 12 .

Ark Invest bought $2.4 million worth of HOOD stock amid its positive earnings.

Robinhood CEO Vlad Tenev noted that despite the market volatility, investors are adding to their portfolios rather than selling as many bought into the dip.