✉news ScienceSpace first seen 1 d ago, last 13 h ago, peak #11
Cathie Wood Trims SpaceX, DraftKings, Robinhood, Buys Air Taxi Stocks
Original: Cathie Wood Trims SpaceX, DraftKings, Robinhood Shares. Adds $16 Mil In Air Taxi Stocks.
Cathie Wood's Ark Investment Management sold portions of its holdings in SpaceX, DraftKings and Robinhood while putting roughly $16 million into air taxi stocks, according to Investor's Business Daily. The portfolio reshuffle signals the prominent investor is rotating out of some high-profile tech and consumer bets and increasing exposure to the emerging electric air mobility sector.
Why now: Cathie Wood's fund moves are closely watched by retail investors as signals of where momentum money may head next.
Cathie WoodArk Investment ManagementSpaceXDraftKingsRobinhood
Evidence
- Cathie Wood Trims SpaceX, DraftKings, Robinhood Shares. Adds $16 Mil In Air Taxi Stocks. · Investor's Business Daily
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