Cathie Wood and Ark Invest just did a massive portfolio reshuffle, and the market immediately did the exact opposite of what you'd expect! 😂
Here’s what went down:
The Sell: Ark dumped 85,319 shares of Robinhood $Robinhood(HOOD)$
The Buy: They rotated that cash straight into Circle Internet Group $Circle Internet Corp.(CRCL)$ , buying 217,896 shares for $13.7M.
The Twist? 💸
Instead of dropping from the massive Ark sell-off, HOOD stock actually went up! 🚀
It closed up +1.39% at $115.11.
In the pre-market, it surged another +2.72%, hitting $118.24!
The legendary "Inverse Cathie Wood" effect strikes again! 😭💀 Talk about bad timing for Ark, but a massive win for HOOD bulls! 🐂
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