Cathie Wood's ARK Invest Sells $60 Million in Growth Stocks Robinhood and Roku
On June 18, Cathie Wood’s ARK Invest sold nearly $60 million worth of shares in Robinhood (HOOD) and Roku (ROKU), following recent stock rallies driven by cost-cutting plans and takeover news. The firm also added positions in Eli Lilly and Coinbase while building a major post-IPO stake in SpaceX, signaling a shift toward new investment opportunities.
Tickers: $COIN $HOOD $LLY $ROKU