
Cathie Wood's Ark Invest, under the ARKK fund, has made several notable trades recently. On May 28, Wood sold approximately 800,000 shares of Nvidia, resulting in a significant loss for investors, who missed out on over $800 million in potential profits. The Nvidia shares were sold at the bottom in November. Additionally, Ark Invest sold 942,082 shares of Unity Software on May 29. In contrast, Wood's fund purchased 9,773 shares of Palantir on May 28 and an additional 25,403 shares on May 29. Furthermore, Ark Invest bought 450,000 shares of UiPath on May 29, only to see the stock drop nearly 30% in after-hours trading, leading to losses of over $9 million. Despite these setbacks, Wood remains committed to her investment strategy. Notably, ARKK is down 59% in the last three years, while QQQ is up 37%.

Cathie Wood and Ark Invest's trade activity from today 5/29 https://t.co/Y2vk6SDcG3
Cathie Wood's Ark Invest sustained losses of over $2 million today after purchasing 451,000 shares of $PATH yesterday. The stock is down almost 30% in after hours. Impeccable timing! https://t.co/0iehljybJJ
Cathie Wood's Ark Invest sustained losses of over $9 million today after purchasing 451,000 shares of $PATH yesterday. The stock is down almost 30% in after hours. Impeccable timing! https://t.co/pF2nUIIRrk