NasdaqGS:ROKUEntertainment
How ARK Invest’s Roku (ROKU) Selloff Could Shape Long-Term Views on Growth and Leadership
In recent days, Cathie Wood's ARK Invest ETFs sold a significant portion of their Roku holdings, shifting investment focus toward biotech and cloud software, while media partnerships like new NASCAR and Stingray Group FAST channels continued to grow Roku's content offerings.
This decisive change is particularly impactful since Roku has been one of ARK Invest's largest positions, and such portfolio moves by major institutional investors can meaningfully influence market sentiment and...