Cathie Wood Sells Pinterest Stock, Buys Bitmine and Biotech Shares

TLDR Cathie Wood’s ARK Invest sold 1.87 million Pinterest shares worth $50.2 million on November 14, following a prior sale of 572,735 shares Pinterest recently missed earnings estimates and issued weak guidance, with CFO citing “pockets of moderating ad spend” in the U.S. and Canada ARK bought 169,407 shares of Bitmine Immersion Technologies across three [...]

The post Cathie Wood Sells Pinterest Stock, Buys Bitmine and Biotech Shares appeared first on Blockonomi.