Reported 17 days ago
Cathie Wood, CEO of Ark Investment Management, recently sold approximately $23 million worth of tech stocks, including notable positions in Roku, Roblox, Robinhood, and Palantir, as the S&P 500 index reached record highs. This strategic sell-off follows substantial gains in her funds, yet her long-term performance remains controversial, with critics questioning the sustainability of her investment strategies in high-growth tech sectors.
Source: YAHOO