The investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
Cathie Wood’s ARK Invest scooped up more than $8 million worth of Zoom Video Communications stock and sold shares in Nvidia ahead of the chip maker’s hotly anticipated earnings.
Nvidia stock fell 2.7% Tuesday but is up close to 12% over the past seven trading sessions as expectation has built toward its earnings, which come after the close Wednesday.
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