Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Cuts Twitter Stake By Another $6.4M, Edges Towards Complete Exit

Cathie Wood-led Ark Invest Management on Monday sold most of its remaining stake in Twitter Inc (NYSE: TWTR), just days after Tesla Inc (NASDAQ: TSLA) CEO Elon Musk raised about $7 billion to help fund his $44 billion take-private deal of the microblogging site.

St. Petersburg, Florida-based Ark Invest sold 135,163 shares in Twitter, estimated to be worth $6.48 million, as of their last close. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.