Roblox shares jump after Cathie Wood’s fund buys on first trading day

The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Shares of Roblox, a kids gaming app, jumped as much as 12% Thursday morning after it was revealed one of Cathie Wood’s funds bought into the stock on its first […]

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Ark’s Cathie Wood adds newly public Roblox to one of her funds

A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters One of the popular funds from Ark Investment Management bought shares of Roblox on its first trading day, according […]

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Cathie Wood’s funds take big hits as Tesla and the tech trade show signs of unwinding

Cathy Wood Crystal Mercedes | CNBC Some called it the “Cathie Wood sell-off.”   At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market.  Shares of Palantir, Tesla, Roku, Square, Paypal, Teladoc, Baidu, Zillow, Shopify and Spotify were all down big, in many cases by double-digits.  All […]

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