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 ...

Group 1 - Ark Invest sold 62,352 shares of Tempus AI at a closing price of $84.13, totaling approximately $5.2 million [2] - The sale follows Tempus AI's recent FDA 510(k) clearance for its RNA-based Tempus xR IVD device, which had previously boosted the stock price [2][3] - Ark Invest has been reducing its position in Tempus AI over the past few weeks, having sold 43,157 shares for $3.76 million on September 18 and $2.1 million worth of stock on September 9 [3] Group 2 - Benzinga's Edge Stock Rankings indicate that Tempus AI stock performs well across Short, Medium, and Long Price trends [5]