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Cathie Wood's Pre-Christmas Sale: Ark Invest Dumps Even More Tesla, Palantir Stock - ARK Innovation ETF (ARCA:ARKK)

Summary by Benzinga
A day before Christmas, on Tuesday, Cathie Wood-led Ark Invest made significant adjustments to its portfolio, notably selling shares of Tesla Inc. (NASDAQ:TSLA), Palantir Technologies Inc. (NASDAQ:PLTR), and Block Inc. (NYSE:SQ). Notably, Ark has been shedding shares of both Palantir and Tesla this week. Palantir shares have run up a whopping 397% so far this year, while Tesla has appreciated 86% in a similar period. The Tesla Trade Ark Invest …
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