Sources
Loading...
Additional media
Loading...

Cathie Wood's $ARKK fund suffered losses as $PATH plummeted 30% after hours due to missed sales forecast. Wood had recently bought shares of $PATH, which continued to decline despite her purchases.

I tweeted in error earlier. Look here. Cathie lost 187 basis points in exposure to $PATH today and replaced it with ~ 20 bps. What conviction! https://t.co/UCBElkKmEK
Cathie Wood and Ark Invest's trade activity from today 5/30 https://t.co/f09uVRITll
Cathie Wood’s 5th largest position was down 34% today and she’s so confident in her thesis she bought <zero> more shares today. https://t.co/t5RGO8lN5a