Business

Cathie Wood sells $40.6 million of popular semiconductor stock

THE STREET·May 16 ago·3 min read

Photograph via The Street

RSS SUMMARY · AGGREGATED FROM THE STREET

Cathie Wood, chief of Ark Investment Management, is known for actively trading her holdings, sometimes selling stocks during sharp market pullbacks. Semiconductor stocks experienced a major market pullback on May 15, with the iShares Semiconductor ETF (SOXX) dropping roughly 4%. Amid that sell-off, …

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