Cathie Wood's Latest Shake-up: Dumps Palantir And Jack Dorsey's Block Along With Tesla, Buys Amazon And Meta

Benzinga · 11:47

On Monday, Cathie Wood-ledArk Investmade significant trades, with the most notable being the trades inCoinbase Global Inc(NASDAQ:COIN),Meta Platforms Inc(NASDAQ:META),Palantir Technologies Inc(NYSE:PLTR),Block Inc(NYSE:SQ),Tesla Inc(NASDAQ:TSLA) andAmazon.com, Inc(NASDAQ:AMZN).

The Block Inc. Trade

Ark Invest sold a total of 232,063 shares of Block Inc across itsArk Fintech Innovation ETF(NYSE:ARKF),ARK Innovation ETF(NYSE:ARKK), andARK Next Generation Internet ETF(NYSE:ARKW) funds. This move comes despite theBitcoin (CRYPTO: BTC)-focused company's recent positive second-quarter results, which...

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Cathie Wood's Latest Shake-up: Dumps Palantir And Jack Dorsey's Block Along With Tesla, Buys Amazon And Meta

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