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Cathie Wood Continues On Roku Shares Selling Spree After Company's Q3 Revenue Jump — Ark Sells $21.1M Of Stock

Benzinga ·  11/14/2023 11:17

On Monday, Cathie Wood's Ark Invest made a series of strategic trades, with the sale of Roku shares standing out as the most significant transaction of the day. The Roku TradeArk Invest's decision to offload Roku Inc. (NASDAQ:ROKU) shares worth approximately $21.11 million. The Wood-led global asset manager sold 251,419 shares through its flagship ARK Innovation ETF (NYSE:ARKK). Roku shares closed 3.3% higher at $83.97 on Monday.The sale comes after the company's recent earnings report. The trade reflects Wood's knack for timing and her firm's response to market dynamics. For more insights into Roku's

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