Cathie Wood's Recent Stock Moves: Buying the Dip and Selling Tesla
TL;DR Summary
ARK Invest, a Tesla bull, sold over 139,000 shares of the automaker's stock worth nearly $27 million from its ARKK and ARKW funds, while buying shares of other stocks that are currently in a downturn. Tesla still remains the largest holding in the ARKK ETF, accounting for just over 10.5 percent of the fund. ARK's leader, Cathie Wood, believes Tesla has a unique advantage to be more aggressive than other companies and could see major gains in the coming years.
- Tesla bull ARK offloads more than 139,000 shares TESLARATI
- Cathie Wood bought the dip in Block and Coinbase Seeking Alpha
- Cathie Wood Sells $27 Million Of TSLA To Buy The Dip On Coinbase Investor's Business Daily
- Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought The Motley Fool
- COIN Stock Alert: Cathie Wood Dumps Coinbase Ahead of SEC Warning InvestorPlace
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