Published on 25 Dec 2024 on Benzinga
A day before Christmas, on Tuesday, Cathie Wood-led Ark Invest made significant adjustments to its portfolio, notably selling shares of Tesla Inc. TSLA, Palantir Technologies Inc. PLTR, and Block Inc. SQ. Notably, Ark has been shedding shares of both Palantir and Tesla this week. Palantir shares have run up a whopping 397% so far this year, while Tesla has appreciated 86% in a similar period.
The Tesla Trade