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Cathie Wood dumps nearly $60 million in popular growth stocks
Key takeaways
- Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction.
- Wood took profits in both stocks after the catalysts lifted sentiment, turning both into sources of cash.
- Those adjustments land against a far more buzzworthy story.
Cathie Wood dumps nearly $60 million in popular growth stocks Moz Farooque Sat, June 20, 2026 at 5:33 AM GMT+7 5 min read HOOD LLY SPCX ROKU On June 18, Cathie Wood’s ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks.
Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction.
Wood took profits in both stocks after the catalysts lifted sentiment, turning both into sources of cash.
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