Cathie Wood's Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings – Yahoo Finance
Cathie Wood’s Ark Invest recently made moves in the stock market by purchasing $5.3 million worth of Crowdstrike shares and selling off $3.7 million of Tesla stock before the Q2 earnings report. Wood’s investment firm, known for its innovative strategies, decided to invest in the beaten-down Crowdstrike shares while reducing its exposure to Tesla. This decision was made prior to Tesla’s second quarter earnings announcement. Wood’s Ark Invest continues to make strategic decisions in the market, showcasing their ability to adapt to changing market conditions.