Cathie Wood's Ark Invest Dumps Meta, Nvidia and Bitcoin ETF Shares in Major Tech Sell-Off

Ark Invest, the investment firm of notable tech investor Cathie Wood, shed millions of dollars’ worth of shares of major tech stocks on Thursday, significantly trimming positions in Nvidia and Meta while also diminishing its exposure to Bitcoin via its own Bitcoin ETF.  The firm’s Thursday activity saw it part with nearly $41 million worth of Meta (META) and more than $26 million in Nvidia (NVDA), both of which have fallen further since the opening bell on Friday, dropping 2.98% and 1.55%, respectively.  ...