Cathie Wood sold 90% of her Twitter stock this year. Then Elon Musk sent the shares soaring — and her stake would be worth $700 million if she'd held onto it.

Star stock-picker Cathie Wood has not had a great start to 2022. Her flagship ARK Innovation fund that won her fame and fortune in 2020 has lost 40% so far this year, compounding the 24% drop last year. Wood’s funds shot to prominence in the pandemic, when tidal waves of cheap cash sent the kind of …


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