Cathie Woods ARK sold Tesla to buy Zoom on revenue – archyde

Cathie Woods ARK Fund sold Tesla TSLA,
+1,71 %
increase their stake in Zoom Video Communications ZM,
according to the poorly received results of the video communications company. In the flagship Ark Innovation ETF ARKK,
+1,75 %,
The fund sold Tesla shares for $ 136 million and bought Zoom for $ 112 million. In the ARK Next Generation Internet ETF ARKW,
+1,67 %,
The fund sold Tesla for $ 23 million to buy Zoom for $ 22 million.


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