$Tesla (TSLA.US)$ According to market news, Cathy Wood’s Ark Investment Company sold Tesla shares for the third consecutive trading day on Monday. This time it sold 182,283 shares for a cash of US$210 million, cashing out more when the company’s stock price rebounded. profit.
Wood’s fund has reduced Tesla’s holdings several times since the beginning of September. Including Monday’s transaction, a total of approximately $2.1 billion worth of Tesla shares has been sold.
Tesla shares rose 6% in intraday trading on Monday, and closed up 1.74% to $1,156.87. Year-to-date, the stock has risen 58.5%
Article excerpted from the US Stock Research Agency