{"id":27387,"date":"2022-05-24T00:49:51","date_gmt":"2022-05-24T00:49:51","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/cathie-woods-ark-invest-sells-205-million-in-tesla-stock-buys-crypto-gaming-and-streaming-shares\/"},"modified":"2022-05-24T00:49:51","modified_gmt":"2022-05-24T00:49:51","slug":"cathie-woods-ark-invest-sells-205-million-in-tesla-stock-buys-crypto-gaming-and-streaming-shares","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/business-markets\/cathie-woods-ark-invest-sells-205-million-in-tesla-stock-buys-crypto-gaming-and-streaming-shares\/","title":{"rendered":"Cathie Wood\u2019s Ark Invest Sells $205 Million In Tesla Stock\u2014Buys Crypto, Gaming And Streaming Shares"},"content":{"rendered":"

Topline In her first Tesla sales since January, famed stock picker Cathie Wood, the CEO of investment firm Ark Invest, has offloaded a massive stake in the electric vehicle maker helmed by Elon Musk over the past week, dumping more than $200 million in shares to instead splurge on recently struggling stocks like Coinbase, Zoom and Roblox, which have plummeted as much as 50% this year. Famed stock picker Cathie Wood sold Tesla shares for the first time in more than two months over the … [+] past week, while adding to massive stakes in Coinbase, Roblox and Zoom. David Yellen\/The Forbes Collection Key Facts According to Ark\u2019s daily transaction reports, two of the firm’s funds, includings its flagship Ark Innovation ETF, sold a combined 52,335 shares of top holding Tesla on Wednesday, representing a stake worth about $57.5 million, and three funds sold about $147.5 million on Friday. The transactions follow a stunning run-up of more than 40% in Tesla prices over the past two weeks, as the broader market recovered from a geopolitically fueled selloff, and mark Ark\u2019s first Tesla sales since mid-January; the New York City investment f… Click below to read the full story from Forbes
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Topline In her first Tesla sales since January, famed stock picker Cathie Wood, the CEO of investment firm Ark Invest, has offloaded a massive stake in the electric vehicle maker helmed by Elon Musk over the past week, dumping more than $200 million in shares to instead splurge on recently struggling stocks like Coinbase, Zoom…<\/p>\n","protected":false},"author":486,"featured_media":27388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[33],"tags":[],"yoast_head":"\nCathie Wood\u2019s Ark Invest Sells $205 Million In Tesla Stock\u2014Buys Crypto, Gaming And Streaming Shares - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/cathie-woods-ark-invest-sells-205-million-in-tesla-stock-buys-crypto-gaming-and-streaming-shares\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathie Wood\u2019s Ark Invest Sells $205 Million In Tesla Stock\u2014Buys Crypto, Gaming And Streaming Shares - 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