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Benzinga
Benzinga
Business
Shanthi Rexaline

Cathie Wood's Ark Invest Sheds $35M In 3D Printing Company Stratasys — What It Bought Instead

Cathie Wood ARK Stratasys Ark Invest Nasdaq Stratasys Ltd ARKK

As the market reopened following the long July 4 weekend, Cathie Wood-run Ark Invest made some portfolio moves, notable among which is the offloading of a huge chunk of Stratasys Ltd. (NASDAQ:SSYS) stake.

Stratasys is a 3D printing company that specializes in the process of creating physical objects from digital designs. It serves a wide range of industries, including aerospace, automotive, consumer product, and healthcare.

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