Cathie Wood dumps nearly $60 million in popular growth stocks
On June 18, Cathie Woodās 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…
