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Why Can't Cathie Wood Stop Selling These 3 Tech Innovators Right Now?
ARKKARK Investment(ARKK) The Motley Fool·2024-02-20 19:39

Prominent growth investor Cathie Wood is rebalancing her largest and most familiar growth-stock fund. The Ark Innovation ETF (ARKK -4.05%) exchange-traded fund has sold millions of shares in Coinbase Global (COIN -6.53%), Zoom Video Communications (ZM -1.51%), and Twilio (TWLO -3.40%) in recent weeks.These are some of Cathie Wood's best-loved investments, and she often praises them in recent interviews. So why is she dumping these choice holdings by the boatload?I don't have a direct line to Wood's fund man ...