Cathie Wood Dumps $5.2 Million Worth of This AI Stock, Here's What Ark Bought Instead

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On Tuesday, Cathie Wood-led Ark Invest made a notable decision by selling shares of Tempus AI Inc. (NASDAQ:TEM), marking a significant move in their investment strategy. The Tempus AI Trade Ark Invest sold 62,352 shares of Tempus AI (Pre-Reincorporation) through the ARK Innovation ETF (BATS:ARKK). The shares were sold at a closing price of $84.13, amounting to a transaction value of approximately $5.2 mill ...