Reported 2 days ago
Cathie Wood's Ark Invest has made notable trades, selling shares of Rocket Lab Corp. and Brera Holdings while significantly increasing its stake in DoorDash and Alibaba. Ark Invest purchased approximately $7.2 million worth of DoorDash shares following a new partnership announcement and acquired $832,000 in Alibaba shares, capitalizing on the company’s growing presence in AI and cloud computing. The trades reflect a strategy of adjusting positions in response to market dynamics while maintaining focus on key growth sectors.
Source: YAHOO