Cathie Wood sells $142 million of Twitter shares ahead of its earnings Thursday

Musk would have been appointed to Twitter's board on Saturday, but the world's richest man informed the company on the day that he would not, in fact, be taking the board seat.
Andrew Burton | Getty Images News | Getty Images

Innovation investor Cathie Wood sold a large chunk of Twitter shares Monday, ahead of the social media company's quarterly earnings report slated for later this week.

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