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 $178億$創新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 : 這幾個月的股票持續的唯一一件事就是它的不一致
那些希望獲得美好的聖誕禮物的人...好好好好好好好好想
Zerocool888 : 對我來說,這是媒體從鼠尾山上創造一座山。試圖像往常一樣創造一個死亡的消息來嚇壞投資者。由於對沖基金仍在大量賣空 AMC,我仍在尋找 AMC。
determined Birdie : 對沖基金獲得額外的幫助對平均零售投資者是不公平的。
Starlone : 糟了
Mandykimiko : 尼斯
huat ah moneyworkhard : 尼斯
hotsia : 不錯