NXP Semiconductors NV (NASDAQ: NXPI) shares are trading lower Thursday afternoon after Mizuho downgraded the stock from Buy to Neutral and lowered its price target from $225 to $220.
Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, in Alibaba Group Holding (NYSE: BABA).
Shares of Alibaba closed 0.46% lower at $211.06 on Monday.