Learn more

Cathie Wood-led Ark Invest offloaded nearly $4 million worth of Nvidia Corp (NASDAQ:NVDA) shares on Thursday, despite the stock’s ongoing rally fueled by robust fourth-quarter earnings and optimistic analyst forecasts. The NVIDIA Trade The firm sold 5,067 Nvidia shares through ARK Next Generation Internet ETF (NYSE:ARKW). The transaction was valued at $3.98 million. Nvidia shares rallied 16.4% in the regular session to $785.38 on Thursday. The shares gained another 1.7% in the after-hours trading. Nvidia shares have shot up 58.6% so far this year — the gains are even more impressive over 12 mo…

cuu