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Robinhood soars 29% to post-IPO high as investors like Cathie Wood's ARK Invest build positions

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Robinhood soared as much as 29% on Tuesday to a post-IPO record of $48.59.
The online trading app is seeing buying interest from long-term investors like Cathie Wood's Ark Invest.
Ark Invest has built a stake in Robinhood worth about $250 million since the company went public last week.
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Get Pottery Barn's signature family-friendly furniture & décor for your home. Get your home festive ready well ahead of time with a special...