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Nauman Khan

As Cathie Wood Sells Pinterest Stock, Should You Ditch PINS Too?

Cathie Wood Pinterest PINS TER Ark Invest ARK Bill Ready AMD ARKK United States

High-growth tech stocks often live and die by institutional conviction. When a high-profile investor trims a position, it can spark fresh debate, even if the broader story hasn’t fundamentally changed. That’s especially true when the seller is Cathie Wood, whose Ark Invest funds have built a reputation for making bold, long-term bets on disruptive platforms.

Last week, Wood’s flagship exchange-traded funds (ETFs) reduced exposure to several names, including Pinterest (PINS). According to recent trade disclosures, Ark Invest funds sold shares of PINS as part of broader portfolio adjustments that included cuts to DraftKings (DKNG) and Teradyne (TER) while adding to AMD (AMD).

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