Cathie Wood Unloads This Rocket Stock, Pours $7M Into DoorDash—But Won't Stop Buying This Chinese Giant - Alibaba Gr Hldgs (NYSE:BABA)
On Monday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in DoorDash Inc. (NASDAQ:DASH), Alibaba Group Holding Ltd. (NYSE:BABA) , while reducing its position in Brera Holdings PLC (NASDAQ:BREA) and Rocket Lab Corp. (NASDAQ:RKLB).The DoorDash TradeArk Invest made a substantial purchase of DoorDash shares across the ARK Autonomous Technology & Robotics ETF(BATS:ARKQ) and ARK Space Exploration & Innovation ETF (BATS:ARKX). On Monday, DoorDash’s stock closed at $281.74, markin ...