Cathie Wood dumps $8.46 million in software giant

Cathie Wood’s never been shy in rebalancing aggressively when she feels the market’s mispricing innovation, and her latest trades fit that description perfectly. The ARK Invest boss dumped nearly 855,000 GitLab (GTLB) stock in just a few days, which includes a massive 208,528-share sale on November 28 (worth roughly $8.5 million), even as the software giant posts some solid top-line figures. Additionally, Wood also trimmed positions in Iridium, Ibotta, and Exact Sciences as she poured into more of her own ...