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.
According to Bloomberg, the Short ARKK ETF would track the inverse performance of Cathie Wood’s $23 billion Ark Innovation ETF (NYSEARCA: ARKK) through swaps.
Shares of ARK Innovation ETF (NYSE:ARKK) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $120.96.
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
The coronavirus pandemic that began in 2020 and is persisting today has led many investors to hold poor market expectations. But maybe they shouldn’t be so pessimistic.
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
Cathie Wood-led Ark Investment Management firm on Friday snapped up 123,786 shares, estimated to be worth $88.74 million, in Twitter Inc (NYSE: TWTR), a day after CEO Jack Dorsey told investors that apex cryptocurrency Bitcoin (CRYPTO: BTC)
Cathie Wood-led Ark Investment Management on Thursday snapped up 32,807 shares, estimated to be worth about $11.85 million, in Zoom Video Communications Inc (NASDAQ: ZM).
Shares of the video calling company closed 2.39% higher at $361.39 on Thursday.