Cathie Wood Buys Nvidia Dip After Jensen Huang Spy Report Drops Shares 4%

TLDR ARK Invest bought 90,443 Nvidia shares worth $16,880,281 on November 9. Nvidia fell 4.27% to $178.67 after reports about CEO Jensen Huang. ARK also bought SoFi Technologies and Scribe Therapeutics shares. The firm sold nine holdings, including Palantir, Block and Tempus AI. Nvidia reports fiscal third-quarter results next week. Cathie Wood’s ARK Invest bought about $16.9 million of Nvidia shares on Monday, November 9. The firm spread the purchase of 90,443 shares across several of its ETFs. Nvidia stock closed at $178.67, down 4.27%, after a weekend of troubling headlines. Reports claimed CEO Jensen Huang had an inappropriate relationship with an alleged Chinese spy. NVIDIA Corporation, NVDA What ARK Bought The Nvidia purchase followed a much smaller buy of 405 shares on November 6.

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