Cathie Wood's Ark Invest, under the ARKK fund, has made several notable trades recently. On May 28, Wood sold approximately 800,000 shares of Nvidia, resulting in a significant loss for investors, who missed out on over $800 million in potential profits. The Nvidia shares were sold at the bottom in November. Additionally, Ark Invest sold 942,082 shares of Unity Software on May 29. In contrast, Wood's fund purchased 9,773 shares of Palantir on May 28 and an additional 25,403 shares on May 29. Furthermore, Ark Invest bought 450,000 shares of UiPath on May 29, only to see the stock drop nearly 30% in after-hours trading, leading to losses of over $9 million. Despite these setbacks, Wood remains committed to her investment strategy. Notably, ARKK is down 59% in the last three years, while QQQ is up 37%.
Cathie Wood and Ark Invest's trade activity from today 5/29 https://t.co/Y2vk6SDcG3
Cathie Wood's Ark Invest sustained losses of over $2 million today after purchasing 451,000 shares of $PATH yesterday. The stock is down almost 30% in after hours. Impeccable timing! https://t.co/0iehljybJJ
Cathie Wood's Ark Invest sustained losses of over $9 million today after purchasing 451,000 shares of $PATH yesterday. The stock is down almost 30% in after hours. Impeccable timing! https://t.co/pF2nUIIRrk
Yesterday, Cathie Wood of $ARKK bought 450,000 shares of $PATH. Today, it dropped 28% in after hours. https://t.co/vCFJCZlXnH
Cathie Wood $ARKK bought 25,403 shares of $PLTR Palantir today She bought 9K shares yesterday https://t.co/kfZxfFQlfz
Good thing Cathie BTFD'ed $PATH yesterday. Old favorite of hers. 🤭 $ARKK https://t.co/w7FN6LKMTE
In case you were wondering yes Cathie bought 450,000 shares of $PATH yesterday before it dropped 30% today. https://t.co/orBPvhjyHL
Cathie Wood's $ARKK is down -59% in the last 3 years while the $QQQ is up 37%. In 2021 she predicted "a 40% compound annual rate of return during the next five years” and said innovation stocks were in "deep value territory". https://t.co/CR8obA2OEX
$PATH is down 30% after hours! Cathie sure knows how to pick 'em.... $ARKK - quarterly eps $0.13 beats $0.12 estimate, but sales forecast misses BIGLY - sees 2025 revenue of $1.41bn to $1.41bn, vs est $1.56bn - sees full year operating profit $145mn vs est $295mn - sadly, not… https://t.co/EwaSaxKZFA
$PATH down 30% AH… does Cathie still own?
Cathie Wood and Ark Invest's trade activity from today 5/28 https://t.co/7UHScswSi5
Cathie Wood $ARKK buys 9,773 shares of $PLTR Palantir today https://t.co/wwVOtO7L2g
Cathie Wood and Ark Invest SOLD 942,082 shares of Unity Software $U today
THIS IS WHERE CATHIE WOODS SOLD NVIDIA SHARES FOR A MASSIVE LOSS $ARKK CATHIE OWNED ~ 800,000 SHARES OF $NVDA IN ARKK BEFORE SELLING IT AT THE BOTTOM IN NOVEMBER CAUSING INVESTORS TO LOSE OVER $800 MILLION IN POTENTIAL PROFITS https://t.co/Fcr1FqCNN8
Cathie Wood sold her shares in Nvidia here: https://t.co/GNi0jWTmEt