Cathie Wood’s ARK Snaps Up Robinhood and Shopify Shares
Cathie Wood’s ARK Invest stepped in after recent earnings-driven pullbacks, snapping up $37 million of Robinhood and $19 million of Shopify shares while offloading about $22 million of Airbnb stock on February 11, 2026. The purchases followed post-earnings selloffs for Robinhood and Shopify, giving ARK an opportunity to add to positions at lower prices.
The trades highlight ARK’s active, conviction-driven approach and suggest continued faith in fintech and e-commerce names despite short-term volatility. Trimming Airbnb may be simple profit-taking or a portfolio rebalance rather than a change in long-term view. Investors will watch whether these moves help stabilize the targeted names and how ARK adjusts allocations as earnings and macro data evolve.