Cathie Wood explains why she's been selling Twitter amid Elon Musk board drama

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.
Eva Marie Uzcategui | Bloomberg | Getty Images

ARK Invest founder and CEO Cathie Wood said Tuesday she's been lowering her Twitter stake following the recent drama this year surrounding its management and board of directors.