On Thursday, the Cathie Wood-led Ark Invest made significant moves in the market, with prominent trades involving Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc. (NASDAQ:META), Palantir Technologies Inc. (NYSE:PLTR)and Block Inc (NYSE:SQ). The Tesla Trade: Ark Invest’s ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW) sold a total of 8,384 shares of the Elon Musk-led company. With Tesla’s closing price at $249.85 on Thursday, the value of this trade amounts to approximately $2.09 million. This move is in line with Ark’s recent trend of reducing its Tesla holdings. W…
