Cathie Wood Trims 40K Shopify Shares After August Rally: Where ARK Is Reinvesting?
Cathie Wood's ARK sold 40,392 Shopify shares after a 25% August rally. Here's what ARKK and ARKW are betting on next.
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Cathie Wood's ARK sold 40,392 Shopify shares after a 25% August rally. Here's what ARKK and ARKW are betting on next.
Sezzle has expanded its merchant network by adding Gymshark, Debenhams Group, and Follett Higher Education, gaining access to 7.5 million students and diverse consumer segments. The company reported strong Q2 2026 results with active subscribers up 76.4% year-over-year, purchase frequency at 7.2 times, and gross merchandise volume rising 37.9% to $1.3 billion. Competitors Block and Affirm are also expanding their BNPL networks internationally.
Cathie Wood sold Palantir following its earnings beat, shifting capital into Block and Circle amid a broader Bitcoin and Ethereum rally.