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 some significant moves in its investment portfolio. The company purchased $5.3 million worth of beaten-down Crowdstrike shares, showing confidence in the cybersecurity company. At the same time, Ark Invest decided to sell off $3.7 million worth of Tesla stock before the second-quarter earnings report. These decisions reflect Ark Invest’s strategy of actively managing its holdings to capitalize on market trends.