Cathie Wood's Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings – Markets Insider

Cathie Wood’s Ark Invest recently made some strategic moves in their portfolio. They purchased $5.3 million worth of beaten-down Crowdstrike shares, while also selling off $3.7 million worth of Tesla stock before the second quarter earnings report. This decision shows a shift in their investment strategy and demonstrates their confidence in Crowdstrike’s potential for growth. It will be interesting to see how these decisions play out in the coming months.