Cathie Wood Dumps $12.7 Million Worth of Meta Stock Amid Ray-Ban Smart Glasses Delay, Ark Loads Up On This Gaming Platform

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Meta Platforms Inc. (NASDAQ:META), Roblox Corp. (NYSE:RBLX), and Kodiak AI Inc. (NASDAQ:KDK). The Meta Platforms Trade Ark Invest executed a notable divestment in Meta Platforms on Tuesday, selling a total of 19,316 shares across ARK Blockchain & Fintech Innovation ETF (BATS:ARKF), ARK Innovation ETF (BATS:ARKK), and ARK Next Generation Internet ETF (BATS:ARKW). The decision comes as Meta faces challenges with its Ray-Ban smart gla ...