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Cathie Wood sells her favorite stock despite surge
Key takeaways
- Even so, Cathie Wood's ARK Invest sold its stake in one of her favorite names.
- Related: Cathie Wood's favorite stock surges on OpenAI deal
- The surge in Robinhood came on the back of several events between June 9 and June 10.
Cathie Wood sells her favorite stock despite surge Cathie Wood sells her favorite stock despite surge · The Street Pooja Rajkumari Thu, June 11, 2026 at 11:39 PM GMT+7 2 min read HOOD Robinhood Markets (NASDAQ: HOOD) rose as much as 8% intraday on June 10.
The rally followed a cluster of developments that landed one after the other, including a share purchase, a fresh regulatory milestone, and strong monthly trading data.
Even so, Cathie Wood's ARK Invest sold its stake in one of her favorite names.
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