Cathie Wood Sours on Tesla and Moderna, but Likes These Stocks Instead
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Cathie Wood's Ark Investment Management has reduced its holdings in Tesla and Moderna, indicating a shift in investment strategy. The 13F holdings report for the fourth quarter was filed, showing changes in stock preferences.
February 08, 2025 | 1:00 pm
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Cathie Wood's Ark Investment Management has reduced its holdings in Tesla, indicating a potential shift in investment strategy.
Cathie Wood's Ark Investment Management is known for its significant influence on market perceptions. A reduction in Tesla holdings could lead to a short-term negative impact on Tesla's stock price as investors may interpret this as a lack of confidence in Tesla's near-term performance.
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