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Cathie Wood’s Ark Invest now holds just about 700 shares in Alibaba Group Holding (NYSE:BABA) after the money managing firm on Wednesday further reduced its exposure in the e-commerce giant. Ark Invest sold 3,626 shares — estimated to be worth about $628,313 — in Alibaba, as its shares closed 3.77% higher at $173.28 on Wednesday.
...read full article on Benzinga
