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Benzinga
Benzinga
Business
Shanthi Rexaline

Cathie Wood's Ark Invest Sells $142M In Twitter Stock Ahead Of Q4 Earnings

Twitter Inc. Ark Invest NYSE

In the run to the fourth-quarter earnings report from Twitter, Inc. (NYSE:TWTR), Cathie Wood's Ark Invest offloaded a chunk of shares of the short-messaging social media app.

What Happened: Ark Invest sold 3,944,718 shares of Twitter on Monday, according to a daily trade report from the money manager showed. At Monday's closing price of $36.04, the sale is worth $142.17 million.

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