Cathie Wood's Underperforming Flagship Fund Dumps Another Staple Stock Following Nvidia Exit: Social Media Recalls Jim Cramer's Comments From 2 Years Ago - Zoom Video Comms ( NASDAQ:ZM ) , ARK Innovation ETF ( ARCA:ARKK )
Zoom Video Communications, Inc. ZM shares rallied nearly 13% on Thursday as traders bid up the stock following the company's quarterly results but Cathie Wood's Ark Invest's flagship Ark Innovation ETF ARKK deemed it fit to divest its entire stake in the communications technology company.
| Ticker |
Sentiment |
Impact |
|
NVDA
|
Neutral
|
15 %
|
|
ZM
|
Somewhat Bullish
|
71 %
|
