Cathie Wood's ARK trades PayPal and Teladoc stock
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Cathie Wood's ARK Invest ETFs have published their daily trades for Friday, May 24th, 2024. ARK increased its stake in PayPal Holdings Inc, purchasing 54,210 shares. ARK made a substantial sell-off of Teladoc Health Inc stock, parting with 399,982 shares. ARK also purchased 44,730 shares of Adaptive Biotechnologies Corp. ARK sold a small position of 98 shares in ARK 21Shares Active Strategy ETF. These trades indicate strategic shifts in ARK's portfolio and suggest growing confidence in PayPal and reduced exposure to Teladoc. ARK's active management style is evident in significant moves in the healthcare and technology sectors.



https://www.investing.com/news/company-news/cathie-woods-ark-trades-paypal-and-teladoc-stock-93CH-3457251