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0.00045427013930964 0.000394657145589649 0.00111575121935676 0.00401670438968405 0.00587363320475638 0.00438330836175842 0.00160189996493353 -0.00103605470368832
Stock impact report

Cathie Wood sells $16 million of megacap tech stock [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
Last week, she trimmed her position in a major tech giant, selling shares for four straight sessions. Wood's flagship fund, Ark Innovation ETF ARKK , is down 5.95% year-to-date as of March 24, while the Nasdaq Composite and S&P 500 lost 5.81% and 1.94% during the same period, respectively. Don't miss the move: Subscribe to TheStreet's free daily newsletter Opinions on Wood vary. To her supporters, she is a visionary with a remarkable 153% return in 2020. However, her longer-term performance has raised doubts about her aggressive, opportunistic approach. As of March 24, Ark Innovation ETF, with $6 billion under management, has delivered an annualized three-year return of negative 6.55% and a five-year return of 5.67%. In comparison, th Read more
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