Cathie Wood's ARK Pares Amazon, Adds These Aerospace Stocks

Cathie Wood-led ARK Invest dumped Amazon stock while piling into aerospace and space stocks Rocket Lab and Archer Aviation. According to ARK’s daily trade disclosures, Wood sold Amazon (AMZN) shares worth nearly $3 million on Tuesday, while loading up on around $9.7 million worth of Archer Aviation (ACHR), an air taxi company, and Rocket Lab (RKLB), a space company and launch…