Cathie Wood sells $2.57 million worth of crypto concept stocks, shifts focus to Netflix and biotech targets

Mars Finance News, on April 18, Ark Invest founder Cathie Wood adjusted her holdings yesterday, selling approximately $2.57 million worth of crypto-related stocks and increasing her positions in traditional technology and biotech sectors. Specifically, on that day, she reduced her holdings by:
• Circle Internet Group 11,465 shares, about $1.21 million
• Bullish 31,417 shares, about $1.36 million
Among them, Circle recently faced collective litigation pressure for not freezing related assets during the Drift Protocol attack incident; Bullish’s stock price rose about 5% amid the market rebound driven by easing Middle East tensions.
Meanwhile, Wood increased her holdings in:
Netflix 26,161 shares, about $2.54 million
Alamar Biosciences 537,463 shares, about $11.96 million
It is worth noting that although Netflix announced first-quarter revenue of $12.25 billion and profit of $5.28 billion, its stock price fell nearly 10% that day due to earnings slightly exceeding expectations; Alamar, on its first day listed on Nasdaq, surged about 33%, with a market value reaching $1.53 billion.