ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi

Cathie Wood’s investment management firm ARK Invest sold a further $5 million worth of Coinbase (COIN) stock on Wednesday while buying $2 million of shares in trading platform Robinhood (HOOD) and $1.5 million of online bank SoFi Technologies (SOFI).