TSLA, RKLB, OKLO, ACHR: Cathie Wood Trims Tesla and Rocket Lab, Loads Up on Oklo and Archer Aviation Stocks
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Cathie Wood's ARK ETFs made significant trades on December 22, selling shares in Tesla (TSLA) and Rocket Lab (RKLB) while increasing positions in Oklo (OKLO) and Archer Aviation (ACHR). ARK sold 60,715 Tesla shares worth $29.2 million and 232,425 Rocket Lab shares valued at $16.4 million, indicating profit-taking and portfolio rebalancing. The fund also reduced stakes in Shopify and Roku, reflecting ongoing adjustments in technology holdings. Despite the sales, Tesla and Rocket Lab stocks remain of interest due to their market performance.
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