The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
Cathie Wood’s ARK Invest scooped up more than $8 million worth of Zoom Video Communications stock and sold shares in Nvidia ahead of the chip maker’s hotly anticipated earnings.
Nvidia stock fell 2.7% Tuesday but is up close to 12% over the past seven trading sessions as expectation has built toward its earnings, which come after the close Wednesday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
On eve of Nvidia results, Cathie Wood sells more stock in the chipmakerCathie Wood sold some of her remaining Nvidia stake after the stock surged on Monday.
Read more »
Nvidia's stock looks to snap losing streak as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the upcoming report.
Read more »
This chip stock could yield a quick profit, depending on Nvidia's earnings, Morgan Stanley saysHow well Nvidia performs Wednesday could have implications for this derivative play, according to Morgan Stanley.
Read more »
Nvidia’s stock snaps losing streak and sits 1% below record close as earnings optimism buildsNvidia Corp.'s earnings are drawing nearer, and yet another analyst is feeling upbeat heading into the company's report.
Read more »
European stock futures higher; PMI data, Nvidia results in focus By Investing.comEuropean stock futures higher; PMI data, Nvidia results in focus
Read more »
Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earningsAsian markets are trading mixed ahead of Fed Chair Jerome Powell’s highly anticipated speech later in the week.
Read more »