Cathie Wood's ARK Adds ~1.7M Shares of Twitter (TWTR), Sells Apple (AAPL), Alibaba (BABA)
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Cathie Wood's ARK Investment funds added ~1.7 million shares of Twitter (NYSE: TWTR) on Thursday, in addition to buys in Tesla (NASDAQ: TSLA), Teledoc (NASDAQ: TDOC), CM Life Sciences (NASDAQ: CMLF), Baidu (NASDAQ: BIDU) and other stocks.
The fund was a seller of Pinterest (NASDAQ: PINS), Snap (NASDAQ: SNAP), Roku (NASDAQ: ROKU), Alibaba (NYSE: BABA), and Apple (NASDAQ: AAPL), among others stocks.
ARK discloses its trades daily M-F. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.
Below is a summary of trades from 02/25/21:
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