Cathie Wood Is Pulling Back on This Tech Stock

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The Street

By Jeffrey Quiggle Ark Invest sees a positive outlook for artificial intelligence stocks in general, but is exiting some of its positions in a major player. Ark Invest Founder and CEO Cathie Wood sees a bright future for artificial intelligence. But she is removing or paring back one AI stock from a few of her ETFs. DON’T MISS:Cathie Wood Believes One Major Market Problem May Be Over During the past few months, Wood has entirely departed the Nvidia (NVDA) – Get Free Report position in her ARK Innovation ETF (ARKK) – Get Free Report. The graphics-chip specialist’s stock has been delivering cons…

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