Cathie Wood's ARK sold Tesla to buy Zoom after earnings

Dow Jones2021-11-24

MW Cathie Wood's ARK sold Tesla to buy Zoom after earnings

Cathie Wood's ARK funds sold Tesla $(TSLA)$ to increase their stake in Zoom Video Communications (ZM)after the poorly received results by the video communications company. In the flagship Ark Innovation ETF $(ARKK)$, the fund sold $136 million of Tesla shares while buying $112 million of Zoom. In the ARK Next Generation Internet ETF (ARKW), the fund sold $23 million of Tesla to buy $22 million of Zoom.

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精彩评论

  • SPOT_ON
    2021-11-25
    SPOT_ON
    Like 
  • Chopechope
    2021-11-25
    Chopechope
    i think its just rebalancing the portfolio to maintain % of holdings
  • glorify
    2021-11-25
    glorify
    Good strategic to sell & protect Profit from Tesla & buy zoom! Good move! Keep going zoom!💪👌👍
  • Sydney1
    2021-11-25
    Sydney1
    So now Zoom? Like and comment please. Thank you 
  • Chris_CHRIS
    2021-11-25
    Chris_CHRIS
    Hmmm... Why
  • Boazzz
    2021-11-25
    Boazzz
    Tesla is insanely overvalued if the company fails to deliver on all the future tech/products or if Elon decides to disappear suddenly 
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