Cathie Wood's Ark Invest dumped Zillow for a 2nd day after buying the dip in the real estate firm earlier in the week

Business Insider

05 Nov 2021 0 shares 1 views

Business Insider

Published 05 Nov 2021

Cathie Wood's ARKK ETF sold another 1.8 million Zillow shares on Thursday, following Wednesday's sale of 3.9 million shares.

Ark Invest's flagship fund has dumped nearly all of its 7 million shares of Zillow since the online real estate firm shuttered its home-flipping business

"When there is a fundamental change in the story, like Zillow's decision to abandon iBuying, that violated one of our theses,"..

Business Insider 18 Nov 2021