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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Further Lowers Exposure In Twitter After Social Media Company Misses On Q4 Earnings

Twitter Inc. Cathie Wood NYSE Ark Invest Ark Investment Management TWTR

Cathie Wood-led Ark Investment Management on Thursday further lowered its exposure in Twitter Inc (NYSE:TWTR) on the day shares of the microblogging company fell after it reported lower-than-expected fourth-quarter earnings. 

Ark Invest sold 73,183 shares — estimated to be worth $2.71 million — in the San Francisco, California-based company.

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