Cathie Wood trims $8 million in major tech stock before earnings
Market Intelligence Analysis
AI-PoweredCathie Wood, a prominent investor, has sold $8 million worth of Meta Platforms stock ahead of the company's earnings report, potentially indicating a loss of confidence in the tech giant's performance.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Cathie Wood quietly cut nearly $8 million worth of Meta Platforms (META) stock, selling tens of thousands of shares across ARK Invest’s ETFs days before the company’s Jan. 28 earnings report. Clearly, Meta Platforms has been one of the market’s strongest tech performers over the years, riding ...
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