Cathie Wood Buys $28 Million Of Amazon, Targets Crypto; Sells $26 Million Of This Stock
Posted on AllSides August 6th, 2024
From The Right
While headlines cried about stock market carnage on Monday, Cathie Wood was very active buyer. Her ARK Invest firm loaded up on the likes of Amazon stock, Coinbase and Robinhood. It unloaded shares of Block (SQ) and Zoom (ZM). Wood and the ARK Invest fleet of funds were highly active, from their flagship ARK Innovation ETF (ARKK) across the ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Next Generation Internet ETF (ARKW), ARK Fintech Innovation ETF (ARKF) and the ARK Genomic Revolution ETF (ARKG), according to daily trade updates from...
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