Cathie Wood’s Ark Invest sells Palantir, TSMC and Amazon shares as tech stocks rally

Ark Invest, led by Cathie Wood, carried out a round of sales in its ARKK ETF on Monday, cutting positions across major technology names. The firm sold 66,259 shares of Palantir, 6,904 shares of Taiwan Semiconductor Manufacturing Co. and 46,783 shares of Amazon, with the transactions valued at about $8.9 million, $3 million and $11.5 million, respectively. The moves came as the stocks rose on the day, with Palantir closing at $134.71, TSMC at $441.40 and Amazon at $246.02.