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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Continues Aggressive Trimming Of Twitter Stake Ahead Of Q4 Earnings Report — Loads Up Another $10M In This Fintech Stock

Cathie Wood-led Ark Investment Management on Tuesday significantly lowered its exposure in Twitter Inc (NYSE:TWTR), a stock it has been selling since the start of the year.

Ark Invest sold 993,868 shares — estimated to be worth $35.75 million — in the San Francisco, California-based company.

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