This article first appeared on GuruFocus. ARK Invest reduced its Amazon (NASDAQ:AMZN) position as investors weighed the advantages of established cloud operators against the infrastructure constraints facing the next phase of data-center expansion. The firm sold 10,968 shares through the ARK Innovation ETF, worth about $3 million based on Tuesday's closing price, according to ARK Invest's trading disclosures. Warning! GuruFocus has detected 6 Warning Signs with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator.AMZN GF Value chart The transaction came as Amazon shares had risen earlier in the week during a broader market rebound.
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