IllustrativeCathie Wood buys $40 million of beaten-down fintech stock
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Cathie Wood has purchased a significant amount of a fintech stock, with the exact amount unclear, ranging from $13.4 million to $46 million. The stock, reportedly that of Robinhood, had been experiencing a decline in price. The investment has had a positive impact on the stock's price, with some reports indicating a 7% increase.
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