Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-led Tesla Inc (NASDAQ: TSLA) as the shares of the electric vehicle company climbed.
Cathie Wood-led Ark Invest on Tuesday shed nearly 12.6% of its stake in Snap Inc (NYSE: SNAP), continuing the investment firm’s months-long selling spree in the Snapchat parent.
Cathie Wood-led Ark Invest on Monday rushed to book profit in Square Inc (NYSE: SQ) as the shares of the company skyrocketed after the second-quarter earnings result and the $29 billion Afterpay acquisition.
Tesla Inc (NASDAQ: TSLA) bull Cathie Wood-led Ark Invest sold some of the shares in the electric vehicle maker months after setting a steep price target on the stock as the investment management firm re-balances its portfolio.
Cathie Wood-led Ark Investment Management snapped over 1.29 million shares, estimated to be worth about $45.18 million, in Robinhood Markets Inc (NASDAQ: HOOD) on Thursday as the shares of the company key to the "stonk" revolution
Cathie Wood-led Ark Investment Management on Wednesday piled up 713,842 shares, estimated to be worth about $108.37 million, in Teladoc Health Inc (NYSE: TDOC), a day after the telemedicine company
After large moves lower on Friday and Monday, the SPDR S&P 500 ETF Trust (NYSE: SPY) traded up almost 1.5% Tuesday. But the market may still be in trouble.
The SPDR S&P 500 ETF Trust (NYSE: SPY) bounced off its early Monday lows but still closed down 1.4%, while the Dow Jones Industrial Average dropped 725 points for its worst day of 2021.
The SPDR S&P 500 ETF (NYSE: SPY) opened down 1.23% Monday morning after declining 0.78% intraday on Friday. The sell-off is being attributed to the increased spread of the COVID-19 Delta variant and inflation fears but the dip could provide opportunities for bullish traders.
The SPDR S&P 500 ETF (NYSE: SPY) continued to pull back from its $437.92 all-time high on Friday. The SPY reached the record price twice on Tuesday and Wednesday this week, creating a bearish double top pattern.