Cathie Wood’s ARK Investment Management has made some strategic shifts in its focus recently. The firm has bought shares of Roku while selling off its stock in Teladoc. This move reflects ARK’s changing investment priorities as it navigates the ever-evolving market landscape. Roku, a streaming platform, is seen as a promising investment opportunity by ARK, while Teladoc, a telehealth company, is no longer part of the firm’s portfolio. Wood’s ARK continues to adapt its investment strategy to stay ahead in the competitive market.
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