Ark Invest Offloads $5.5 Million in Snowflake Shares Amid Short-Term Price Rally

Yahoo Finance reports that Cathie Wood has reduced her firm's stake in Snowflake after the cloud software provider saw a nearly 10% price increase over five trading sessions. The move comes as Wood's flagship Ark Innovation ETF continues to struggle, posting a year-to-date declin

Yahoo Finance reports that Cathie Wood has reduced her firm's stake in Snowflake after the cloud software provider saw a nearly 10% price increase over five trading sessions. The move comes as Wood's flagship Ark Innovation ETF continues to struggle, posting a year-to-date declin