Cathie Wood sells $15.8 million of megacap tech stock
Market Intelligence Analysis
AI-PoweredCathie Wood has sold $15.8 million worth of megacap tech stocks, while also increasing her positions in Nvidia and Google. This activity reflects her ongoing strategy in the tech sector, which has previously yielded significant returns for her fund.
Market impact analysis based on neutral sentiment with 75% confidence.
Article Context
Cathie Wood, chief of Ark Investment Management, is making moves in megacap tech stocks. Last month, Wood added to her positions in Nvidia and Google, and this week she trimmed two other names from the Magnificent 7. Wood gained a reputation after the Ark Innovation ETF delivered a 153% ...
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