Cathie Wood S Ark Invest Keeps On Cutting Tesla H On Tuesday, Cathie the EV maker’s recent bullish run has pulled Ark’s ETFs higher Interestingly, Wood’s $2,000 Tesla price target is still in play See Also: Ark Invest Was There On Tuesday, Cathie Wood-led Ark Invest continued its trend of selling Cathie Wood has previously mentioned that the fund’s decision to sell Tesla shares isn’t a reflection of the company
Cathie Wood S Ark Invest Sells 2 15m Of Tesla Shares Despi On Wednesday, the Cathie Wood-led Ark Invest made some significant This decision to sell comes despite Palantir’s recent inclusion in the S&P 500 index, which according to Bank of America Cathie Wood's ARK Invest bought Tesla shares for the first time since Tech stocks have particularly suffered during this year's sell-off, with the Nasdaq tumbling 316% But Wood has used Cathie Wood's ARK Invest pounced on nearly $12 million worth of Tesla stock late Wednesday as the stock extended a recent string of losses and as news broke that Elon Musk dumped $36 billion Wood's flagship Ark Innovation ETF has tumbled 28% during the last 12 months, but has rebounded 14% year to date The shares have jumped 29% so far this year but have slumped 46% over the past 12
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