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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood's Ark Dumps $1.6 Million In Robinhood Stock Amid AI Launch Hype, Dumps Shopify Stock As Well

Los,Angeles,,California,-,July,6,2025:,Ark,Invest,Logo

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Shopify Inc. (NASDAQ:SHOP) and Robinhood Markets Inc. (NASDAQ:HOOD).

The Robinhood Trade

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