ARK Invest Sells Robinhood Shares to Boost Pinterest Stake After Dip

TLDR ARK Invest purchased 521,867 shares of Pinterest worth $17.2 million after its stock declined by over 21 percent. Cathie Wood sold 56,095 Robinhood shares valued at $7.67 million to fund the Pinterest investment. The firm also reduced its holdings in Roku, Reddit, Rocket Lab, and several healthcare companies. Pinterest reported revenue in line with [...]

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