Cathie Wood, through her ARKK fund, sold approximately 800,000 NVIDIA shares at a low point in November, resulting in a significant loss for investors. The move caused over $500 million in potential profits to be forfeited. Wood missed out on the NVIDIA rally and has been criticized for not capitalizing on AI and GLP-1 themes, instead focusing on pandemic beneficiary companies like Zoom.
Puts out the gate $NVDA https://t.co/cuVVjaYhLu
Cathie Woods $ARKK has completely missed AI and GLP-1 themes, selling $NVDA at the lows last year and not getting involved with $LLY Instead she has increased positions in pandemic beneficiary companies like $ZM https://t.co/LadeEUEVxw
Was just thinking about Cathie Wood selling out of $NVDA position https://t.co/oL8A4e8KuG