Cathie Wood’s ARK Invest recently made some major stock trades, buying shares of GitLab while selling off its holdings in Tesla. GitLab, a software development platform, is seen as a promising investment by ARK Invest. On the other hand, the decision to sell Tesla stock may come as a surprise to some, as the electric car company has been a favorite among investors in recent years. The moves highlight ARK Invest’s strategy of actively managing its portfolio to capitalize on emerging opportunities in the market. Investors will be watching closely to see how these trades impact ARK Invest’s performance in the coming months.
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