Cathie Wood Sells $8.8M More Of Tesla Stock On The Dip
Cathie Wood-led Ark Investment Management on Thursday sold more shares in $Tesla Inc $.The popular money managing firm sold 10,035 shares, estimated to be worth $8.8 million, in the Musk-led company on Thursday.Tesla shares, which have plunged 20% in the past month, closed 0.45% lower at $877.5 on Thursday. Shares of the company are down about 27% year-to-date.St. Petersburg, Florida-based Ark Invest owns shares in Tesla through three of its six actively traded exchange funds: Ark Innovation ETF