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Cathie Wood Buys the Dip in Archer Aviation (ACHR) After Weak Q3 Results, Trims Stakes in Roku and TER Stocks

Cathie Wood Buys the Dip in Archer Aviation (ACHR) After Weak Q3 Results, Trims Stakes in Roku and TER Stocks

Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made several notable portfolio adjustments on Thursday, November 6, according to daily fund disclosures. The most notable trade was a large purchase of Archer Aviation (ACHR) shares, following the company’s third-quarter earnings report.

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The electric vertical takeoff and landing (eVTOL) startup posted a net loss of $129.9 million for Q3 2025, as spending on its Midnight air taxi project stayed high. R&D costs rose to $120.7 million, while the adjusted EBITDA loss was $116.1 million. The company still makes little revenue since it is not yet in full commercial operations.

After the weak Q3 report, the stock fell 9.7% in after-hours trading on November 6, and Cathie Wood’s ARK Invest used the dip to buy 3,012,500 shares worth about $28.83 million across three funds.

Biotech and Genomics Buys Continue

ARK also remained active in the biotech space. The firm added 123,206 shares of Beam Therapeutics (BEAM), worth about $2.84 million, showing continued confidence in the company’s gene-editing technology.

In addition, ARK bought 195,084 shares of 10x Genomics (TXG) for $2.63 million, and 252,561 shares of Pacific Biosciences (PACB) worth $483,654, reinforcing its focus on genomics and life sciences.

ARK Trims Roku, Teradyne, and Healthcare Stocks

On the sell side, ARK trimmed 160,812 shares of Roku (ROKU), valued at $16.99 million. This continues a series of Roku sales throughout the week as ARK reduces exposure to the streaming platform stock.

Also, ARK sold 18,025 shares of Teradyne (TER) for $3.38 million. The company makes testing equipment for chips and industrial robots.

In healthcare, ARK trimmed 247,071 shares of Exact Sciences (EXAS), worth $17.20 million, and cut 80,550 shares of Ionis Pharmaceuticals (IONS) for about $6.02 million.

Let’s see how these stocks perform using the TipRanks Stock Comparison Tool:

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