Cathie Wood Snaps Up $1.6M In Beaten-Down Nvidia Stock — Also Adds Shares Of This Autonomous Tech
Cathie Wood-led Ark Investment Management bought over 55,000 shares of automatic test equipment designer Teradyne, Inc. (NASDAQ: TER) at a valuation of over $4.8 million, based on Monday’s closing price.
10 Information Technology Stocks Whale Activity In Today’s Session
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Here’s How Much $100 Invested In Teradyne 20 Years Ago Would Be Worth Today
Teradyne (NASDAQ:TER) has outperformed the market over the past 20 years by 2.33% on an annualized basis producing an average annual return of 10.02%. Currently, Teradyne has a market capitalization of $13.24 billion.
This Trump Ally’s Hard Stance Against Cannabis May Impact These Companies After Election Day
Cannabis is in the spotlight of many debates these days, especially in Pennsylvania where Republican gubernatorial candidate Doug Mastriano is running against Democratic nominee, Attorney General Josh Shapiro.
$1000 Invested In Teradyne 5 Years Ago Would Be Worth This Much Today
Teradyne (NASDAQ:TER) has outperformed the market over the past 5 years by 11.11% on an annualized basis producing an average annual return of 22.31%. Currently, Teradyne has a market capitalization of $14.82 billion.
Short Sellers Are Ramping Up Their Bets Against Tech Stocks: Analyst Says This May Be A ‘Bear Rally’
The technology sector has taken quite a hit so far in 2022 as investors bet that rising interest rates could weigh on tech stock growth rates. Tech short sellers have done fairly well so far this year, but a new report by S3 Partners analyst Ihor Dusaniwsky suggests short sellers expect more weakness ahead for tech stocks.