Cathie Wood’s Ark Invest sells portions of multiple “next-gen” holdings, according to Yahoo Finance reports. One article says Wood sells about $16.2 million worth of a megacap stock described as tumbling, reflecting broader declines in that category. A separate report says Wood sells roughly $12.7 million of another underperforming, next-generation travel-related stock. Both sales are presented as trimming exposure to positions that have fallen in value, with the transactions framed as part of ongoing portfolio adjustments by Ark Invest. The reports do not indicate a single unifying catalyst beyond the stocks’ recent downturns, and they characterize the moves primarily in terms of the dollar amounts of the sales and the general performance of the affected shares. The specific tickers and the timing details are not included in the provided excerpts, but the common thread across the two sources is that Wood reduces positions totaling tens of millions of dollars in areas the funds track as growth-oriented themes.