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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Sells Yet Another $12M In Twitter Shares Ahead Of Social Media Company's Q4 Earnings Report

Cathie Wood-led Ark Investment Management on Wednesday further lowered its exposure in Twitter Inc (NYSE:TWTR), a day before the microblogging company is scheduled to report its financial results for the latest quarter.

Ark Invest sold 315,130 shares — estimated to be worth $11.9 million — in the San Francisco, California-based company.

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