Cathie Wood Bets Big On Roblox With $19.5M Purchase — Also Loads Up On This Biotech Stock

Cathie Wood-led ARK Investment Management loaded up over 484,000 shares of video-game developer Roblox Corp (NYSE:RBLX) valued at over $19.48 million based on Monday’s closing price.

What Happened: The purchase was done via the ARK Innovation ETF (NYSE:ARKK), the ARK Next Generation Internet ETF (NYSE:ARKW) and the ARK Fintech Innovation ETF (NYSE:ARKF).