Ark Invest missed out on $1.2B in returns by selling 1M Nvidia shares at $150 in Q4 2022, as Nvidia stock soared 682% afterward.
Cathie Wood's Ark Invest missed out on $1.2 billion in returns after selling over 1 million Nvidia shares at $150 each in Q4 2022. Nvidia's stock surged 682% post-sale, reaching an all-time high of $1,141. Ark's decision to sell before the AI-driven rally led to a loss of $854 million in missed returns.
June 01, 2024
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