Cathie Wood’s ARK adds more Tesla stock, sells DraftKings By Investing.com
From Investing.com: 2024-04-02 21:10:43
Cathie Wood’s ARK ETFs revealed their trades for April 2nd, 2024, including a significant sale of DraftKings Inc. shares worth $21.6 million. They also sold shares in Exact Sciences Corp totaling $18.8 million. On the buying side, ARK invested $41.2 million in Tesla and increased holdings in Kratos Defense & Security and Moderna Inc.
ARK also bought shares in Pacific Biosciences of California and Pinterest Inc, showing interest in health tech and social media. They made a smaller purchase in Personalis Inc, reflecting confidence in the genomics company. Overall, ARK’s focus remains on innovation-driven companies, with market watchers eager to see the outcomes of these trades.
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