June 30, 2024
Investment

Cathie Wood’s ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

“I’ve watched Nvidia all my career actually since it’s gone public. It’s a very cyclical stock,” Ark Invest’s Cathie Wood said of Jensen Huang’s chip company.Hugo Amaral/SOPA Images/LightRocket via Getty Images; Sam Yeh/AFP via Getty Images Cathie Wood’s decision to sell more than 1 million shares of Nvidia came as the stock rocketed to astronomical

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