Cathie Wood sells Tesla and Palantir stocks and switches to ...

Kimihiko shared · Nov 28, 2024 12:58

Cathie Wood sells Tesla and Palantir stocks and switches to new growth stocks.

Cathie Wood, leading ARK Invest, has sold some shares of Tesla and Palantir, two major growth stocks, and is proceeding with a review of the portfolio strategy. The sale of 20,552 Tesla shares and 26,047 Palantir shares amounts to approximately $8.7 million. Source: Reinforz Insight

Cathy Wood, who leads ARK Invest, has sold some shares of two major growth stocks, Tesla and Palantir, and is reviewing the portfolio strategy. The sale of 20,552 Tesla shares and 26,047 Palantir shares is equivalent to approximately $8.7 million in total, with a reassessment of the soaring stock prices believed to be the background.

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Magnificent7 : Busy people, I wish I could wait until Tesla $2,600

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新div : I am buying AMD and Amazon with the money I made.
Is it a rebalance because Tesla and Palantir have risen rapidly?
I will refer to Cathy's portfolio.

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