Cathie Wood sells $6 million of popular AI stock
Cathie Wood’s flagship Ark Innovation ETF is down 11.75% year-to-date.
Cathie Wood, head of Ark Investment Management, frequently adjusts her top positions, adding to a holding when the stock falls and selling when it rises.
Last week, she made some notable purchases. This week, she sold a top AI stock as the markets began to recover from tariff-driven losses.
