Cathie Wood Offloads Nvidia Ahead of Third-Quarter Earnings
- Flagship ETF sold more than 218,000 shares in three weeks
- Nvidia slated to announce earnings results on November 17
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Cathie Wood is once again offloading shares in her long-time favorite Nvidia Corp., as a slight rebound emerged ahead of the company’s earnings.
Her flagship Ark Innovation ETF sold 167,914 shares on Friday, adding to a sale of 50,252 shares on Oct. 20, according to Wood’s firm Ark Investment Management LLC’s daily trading disclosures. Meanwhile, the Ark Next Generation Internet ETF sold 24,423 Nvidia shares on Thursday.