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Cathie Wood sells $16.2 million of tumbling megacap stock

Cathie Wood sells $16.2 million of tumbling megacap stock

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Cathie Wood, chief of Ark Investment Management, has built a reputation for backing disruptive tech companies. Yet Wood recently reduced one of her highest...

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Cathie Wood, chief of Ark Investment Management, has built a reputation for backing disruptive tech companies. Yet Wood recently reduced one of her highest-conviction investments, Tesla, after the s…

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