Even ARK’s Cathie Wood Sells Some Twitter Stock

Posted on 02/08/2022

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Cathie Wood’s firm ARK Investment Management LLC sold around 3,944,718 Twitter Inc. shares on February 7, 2022. This was through ARK’s two exchange-traded funds (ARKK and ARKW). This is the most in one day since at least May 2021, according to trading data from ARK. Twitter is set to announce its earnings on Thursday.

The estimated value of the Twitter stock sales is US$ 145,165,622. ARKK on the same day bought 23,992 shares of Tesla Inc. and 729,695 shares of Roblox Corp.

ETFs
ARK Innovation ETF: ARKK
ARK Next Generation Internet ETF: ARKW