2023.10.03 04:02

Cathie Wood's Ark Invest Sells Nearly $4M Worth Of NVIDIA Shares - Does It Herald Shift To Undervalued AI Gems? - Beam Therapeutics ( NASDAQ:BEAM ) , NVIDIA ( NASDAQ:NVDA ) , ARK Genomic Revolution ETF ( BATS:ARKG ) , SomaLogic ( NASDAQ:SLGC )

On Monday, Cathie Wood-led Ark Invest made a notable move by selling nearly $4 million worth of NVIDIA Corp NVDA shares.This significant trade comes in the wake of Wood's previous remarks about the tech giant being "really expensive and very obvious".