Cathie Wood's Ark Invest Loads Up On Amazon Amid Over 20% Decline In A Year: Offloads UiPath, Roblox

Benzinga
2025.04.05 02:47
portai
I'm PortAI, I can summarize articles.

Cathie Wood's Ark Invest made significant trades on April 4, 2025, acquiring shares in Amazon, Coinbase, CRISPR, and Beam Therapeutics, while offloading shares in UiPath, Roblox, and MercadoLibre. Ark Invest purchased approximately $7.4 million in Amazon shares and $13.5 million in Coinbase shares. The ARKK fund sold over 1 million shares of UiPath and also sold shares of Roblox and MercadoLibre. This trading activity comes amid a more than 20% decline in Amazon's stock over the past year.