Corporate executives routinely sell stock they get as compensation. But Aron has publicly wooed retail investors and touted AMC's future prospects while selling the stock and benefiting from a mammoth rally in the shares.
AMC shares fell 8.9% to $29.46 in New York. The stock has gained nearly 14-fold this year.
Cathie Wood says Ark 'soul-searching' as once-stellar funds lag
Ark Investment Management is "going through soul-searching" as its growth-focused funds fall out of favor amid expectations of tighter Federal Reserve policy, said founder Cathie Wood.
The $178亿$创新ETF-ARK (ARKK.US)$has tumbled more than 20% this year, with several of its top holdings like electric-vehicle giant Tesla Inc. and video-streaming platform Roku Inc. down from their peaks. During the same period, the S&P 500 Index climbed about 24%.
"When we go through a period like this, of course we are going through soul-searching, saying 'are we missing something?'" she said, adding that in response, Ark has doubled down on its research and modeling.
JPMorgan offers hedge funds a way to Dodge meme-stock shocks
moneyworkhard : 这几个月来股票市场唯一一致的就是它的不一致性
那些希望得到精美的圣诞礼物的人...三思而后行。
Zerocool888 : 对我来说,这是媒体在鼹鼠山上创造了一座山。像往常一样试图制造一个垂死的新闻来吓唬投资者。我仍在持有AMC,因为对冲基金仍在大量做空AMC。
determined Birdie : 对冲基金获得额外帮助对普通散户投资者来说是不公平的。
Starlone : 天哪
Mandykimiko : 不错
huat ah moneyworkhard : 不错
hotsia : 漂亮