Cathie Wood Adds Longview Acquisition SPAC Ahead Of Deal With Butterfly Network

Benzinga Staff Writer2020-11-24

One of the top performing ETF managers and most-watched names in the industry took a new stake in a SPAC. What Happened: Cathie Wood on Monday took an initial stake in Longview Acquisition Corp (NYSE:...

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What Happened: Cathie Wood on Monday took an initial stake in Longview Acquisition Corp (NYSE:...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202011250118487a3afba7&s=b\">网页链接</a>\n\n</div>\n","source":"tencent","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Adds Longview Acquisition SPAC Ahead Of Deal With Butterfly Network</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Adds Longview Acquisition SPAC Ahead Of Deal With Butterfly Network\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-11-24 10:16 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202011250118487a3afba7&s=b><strong>Benzinga Staff Writer</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the top performing ETF managers and most-watched names in the industry took a new stake in a SPAC. What Happened: Cathie Wood on Monday took an initial stake in Longview Acquisition Corp (NYSE:...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202011250118487a3afba7&s=b\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LGVW.U","symbol_name":"Longview Acquisition","start_time":0,"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202011250118487a3afba7&s=b","article_id":"2086246270","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/f73e1c908efc5972b5b6e484e19b0d22"],"rights":{"source":"tencent","url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202011250118487a3afba7&s=b","rn_cache_url":null,"customStyle":"body{padding-top:10px;}#news_title{font-weight:bold;#titleStyle#;}#news_description span{font-size:12px;#descriptionStyle#;}.footer-note{#statement#}","selectors":".mod-LoadTzbdNews, body","filters":".relate-stock, .hot-list, .recom-box, .wx-sou","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2086246270","pubTimestamp":1606184160,"sourceInfo":{"source_id":"tencent","name":"腾讯"},"weMediaInfo":null,"summary":"One of the top performing ETF managers and most-watched names in the industry took a new stake in a SPAC. What Happened: Cathie Wood on Monday took an initial stake in Longview Acquisition Corp .The fund manager added 459,572 shares of the SPAC, which is set to merge with Butterfly Network. The addition represents only 0.17% of assets in the Ark Genomic Revolution Multi-Sector ETF , but could be the first of many trades in the SPAC by Wood.Related Link: Cathie Wood Increases Teladoc Holdings Across Ark ETFs Why It’s Important: Longview Acquisition announced its SPAC merger with Butterfly Network on Friday. The company sells a portable ultrasound device.Wood added Social Capital Hedosophia II  in September ahead of its merger with Opendoor. Shares of Social Capital Hedosophia II went from $18 to $27 after Wood purchased before falling and now trading flat from her initial buy.The ETF manager typically takes a small stake first and then starts accumulating shares in chunks. 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The addition represents only 0.17% of assets in the Ark Genomic Revolution Multi-Sector ETF (BATS: ARKG), but could be the first of many trades in the SPAC by Wood.Related Link: Cathie Wood Increases Teladoc Holdings Across Ark ETFs Why It’s Important: Longview Acquisition announced its SPAC merger with Butterfly Network on Friday. The company sells a portable ultrasound device.Wood added Social Capital Hedosophia II (NYSE: IPOB) in September ahead of its merger with Opendoor. Shares of Social Capital Hedosophia II went from $18 to $27 after Wood purchased before falling and now trading flat from her initial buy.The ETF manager typically takes a small stake first and then starts accumulating shares in chunks. 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