Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-06-19T22:33:00.000Z
On June 18,Cathie Wood’s ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks. Investors had been rewardingRobinhood (HOOD)for its cost-cutting plan andRoku (ROKU)for its takeover-driven rally, but ARK moved in the opposite direction. Wood took profits in both stocks after the catalysts lifted sentiment, turning both into sources of cash. Those adjustments land against a far more buzzworthy story. Wood recently built amajor post-IPO positioninSpaceX, with ARK buying nearly 3.3 million shares that were worth about $531 million by the end of the stock’s first trading day, adding to her reputation among fans and investors as a big-name, high-risk, high-reward stock picker. On top of that, the ARK Invest boss didn’t just move to the side
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.