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Cathie Wood: ARK Invest reduces Tesla holdings at high levels, reallocates profits to increase crypto assets
Summary: In breaking news, Cathie Wood, founder of ARK Invest, announced that ARK Invest has reduced its holdings in Tesla stock at near record levels and allocated some of the profits to crypto assets. We tend to rebalance our portfolio in this manner when one stock is rising relative to others, while another stock is going ...
In breaking news, Cathie Wood, founder of ARK Invest, announced that ARK Invest has reduced its holdings in Tesla stock at near record levels and allocated some of the profits to crypto assets. We tend to rebalance our portfolio in this manner when one stock is rising relative to others, while another stock is going through a tough time.
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