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MarkLeslie
2021-11-04
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Cathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday
MarkLeslie
2021-10-01
Like and comment please. Thx
5 Stocks To Watch For October 1, 2021
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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1636010650,"share":"https://www.laohu8.com/m/news/1198107375?lang=&edition=full","pubTime":"2021-11-04 15:24","market":"us","language":"en","title":"Cathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1198107375","media":"Benzinga","summary":"Cathie Wood’s investment management firm Ark Invest on Wednesday significantly lowered its exposure ","content":"<p><b>Cathie Wood</b>’s investment management firm <b>Ark Invest</b> on Wednesday significantly lowered its exposure in <b>ZillowGroup Class C</b> as the stock sank after the company reported a third-quarter loss and said it would be winding down its home buying business.</p>\n<p>The popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.</p>\n<p>Zillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.</p>\n<p>The company said it plans to wind down its home buying unit, Offers. Zillow said it would also cut 25% of its workforce.</p>\n<p>Just weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.</p>\n<p>Ark Invest deployed three of its active ETFs to sell the shares in Zillow. These are the <b>Ark Innovation ETF</b>, the <b>Ark Next Generation Internet ETF</b> and the <b>Ark Fintech Innovation ETF</b>.</p>\n<p>The three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade. Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.</p>\n<p>Here are a few other key Ark Invest trades from Wednesday:</p>\n<ul>\n <li>Bought 226,377 shares — estimated to be worth $64.7 million — in <b>Zoom Video Communications Inc</b> on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.</li>\n <li>Sold 17,787 shares — estimated to be worth $21.59 million — in <b>Tesla Inc</b>. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.</li>\n <li>Bought 722,344 shares — estimated to be worth $26.75 million — in <b>RobinhoodMarkets Inc</b> on the day shares closed 5.86% higher at $37.04 a share.</li>\n <li>Bought 193,482 shares — estimated to be worth $9 million — in <b>Draftkings Inc</b>. The stock closed 1.6% lower at $46.84 a share.</li>\n</ul>","collect":0,"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 Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday</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 Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-11-04 15:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>’s investment management firm <b>Ark Invest</b> on Wednesday significantly lowered its exposure in <b>ZillowGroup Class C</b> as the stock sank after the company reported a third-quarter loss and said it would be winding down its home buying business.</p>\n<p>The popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.</p>\n<p>Zillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.</p>\n<p>The company said it plans to wind down its home buying unit, Offers. Zillow said it would also cut 25% of its workforce.</p>\n<p>Just weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.</p>\n<p>Ark Invest deployed three of its active ETFs to sell the shares in Zillow. These are the <b>Ark Innovation ETF</b>, the <b>Ark Next Generation Internet ETF</b> and the <b>Ark Fintech Innovation ETF</b>.</p>\n<p>The three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade. Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.</p>\n<p>Here are a few other key Ark Invest trades from Wednesday:</p>\n<ul>\n <li>Bought 226,377 shares — estimated to be worth $64.7 million — in <b>Zoom Video Communications Inc</b> on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.</li>\n <li>Sold 17,787 shares — estimated to be worth $21.59 million — in <b>Tesla Inc</b>. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.</li>\n <li>Bought 722,344 shares — estimated to be worth $26.75 million — in <b>RobinhoodMarkets Inc</b> on the day shares closed 5.86% higher at $37.04 a share.</li>\n <li>Bought 193,482 shares — estimated to be worth $9 million — in <b>Draftkings Inc</b>. The stock closed 1.6% lower at $46.84 a share.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKG":"ARK Genomic Revolution ETF","TSLA":"特斯拉","ARKK":"ARK Innovation ETF","HOOD":"Robinhood","DKNG":"DraftKings Inc.","Z":"Zillow","ARKF":"ARK Fintech Innovation ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198107375","content_text":"Cathie Wood’s investment management firm Ark Invest on Wednesday significantly lowered its exposure in ZillowGroup Class C as the stock sank after the company reported a third-quarter loss and said it would be winding down its home buying business.\nThe popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.\nZillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.\nThe company said it plans to wind down its home buying unit, Offers. Zillow said it would also cut 25% of its workforce.\nJust weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.\nArk Invest deployed three of its active ETFs to sell the shares in Zillow. These are the Ark Innovation ETF, the Ark Next Generation Internet ETF and the Ark Fintech Innovation ETF.\nThe three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade. Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.\nHere are a few other key Ark Invest trades from Wednesday:\n\nBought 226,377 shares — estimated to be worth $64.7 million — in Zoom Video Communications Inc on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.\nSold 17,787 shares — estimated to be worth $21.59 million — in Tesla Inc. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.\nBought 722,344 shares — estimated to be worth $26.75 million — in RobinhoodMarkets Inc on the day shares closed 5.86% higher at $37.04 a share.\nBought 193,482 shares — estimated to be worth $9 million — in Draftkings Inc. The stock closed 1.6% lower at $46.84 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864142281,"gmtCreate":1633079329796,"gmtModify":1633079329888,"author":{"id":"3563492971480014","authorId":"3563492971480014","name":"MarkLeslie","avatar":"https://static.tigerbbs.com/1019d85cf0c16873affa407148f36313","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please. Thx","listText":"Like and comment please. Thx","text":"Like and comment please. Thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864142281","repostId":"2172957792","repostType":4,"repost":{"id":"2172957792","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1633075728,"share":"https://www.laohu8.com/m/news/2172957792?lang=&edition=full","pubTime":"2021-10-01 16:08","market":"hk","language":"en","title":"5 Stocks To Watch For October 1, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2172957792","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects HNI Corp (NYSE: HNI) to report quarterly earnings at $0.69 per share on revenue of $629.94 million before the opening bell. HNI shares dropped 3% to close at $36.72 on Thursday.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul> \n <li>Wall Street expects <strong> <a href=\"https://laohu8.com/S/HNI\">HNI Corp</a></strong> (NYSE:HNI) to report quarterly earnings at $0.69 per share on revenue of $629.94 million before the opening bell. HNI shares dropped 3% to close at $36.72 on Thursday.</li> \n <li><strong><a href=\"https://laohu8.com/S/FIVN\">Five9 Inc</a></strong> (NASDAQ:FIVN) shareholders shot down <strong><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc’s</strong> (NASDAQ:ZM) $14.7 billion deal to acquire the customer-service software company. Five9 shares fell 1.1% to $157.97 in after-hours trading, while Zoom shares gained 0.4% to $262.45 in the after-hours trading session.</li> \n</ul> \n<p><em>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</em></p> \n<p><em>Choosing the best broker is an important part of being a successful trader or investor</em></p>\n<ul> \n <li><strong>Jefferies Financial Group Inc</strong> (NYSE:JEF) reported better-than-expected earnings for its third quarter on Thursday. Jefferies Financial shares gained 1.4% to $37.65 in the after-hours trading session.</li> \n <li><strong>Nio Inc - ADR</strong> (NYSE:NIO) reported that its global deliveries more than doubled in September as it completed the first batch of deliveries in Norway. The company delivered 10,628 vehicles globally during the month, a jump of 125.7% year-over-year. Nio shares gained 0.2% to $35.71 in the after-hours trading session.</li> \n</ul>","collect":0,"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>5 Stocks To Watch For October 1, 2021</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\">\n5 Stocks To Watch For October 1, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-01 16:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul> \n <li>Wall Street expects <strong> <a href=\"https://laohu8.com/S/HNI\">HNI Corp</a></strong> (NYSE:HNI) to report quarterly earnings at $0.69 per share on revenue of $629.94 million before the opening bell. HNI shares dropped 3% to close at $36.72 on Thursday.</li> \n <li><strong><a href=\"https://laohu8.com/S/FIVN\">Five9 Inc</a></strong> (NASDAQ:FIVN) shareholders shot down <strong><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc’s</strong> (NASDAQ:ZM) $14.7 billion deal to acquire the customer-service software company. Five9 shares fell 1.1% to $157.97 in after-hours trading, while Zoom shares gained 0.4% to $262.45 in the after-hours trading session.</li> \n</ul> \n<p><em>Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.</em></p> \n<p><em>Choosing the best broker is an important part of being a successful trader or investor</em></p>\n<ul> \n <li><strong>Jefferies Financial Group Inc</strong> (NYSE:JEF) reported better-than-expected earnings for its third quarter on Thursday. Jefferies Financial shares gained 1.4% to $37.65 in the after-hours trading session.</li> \n <li><strong>Nio Inc - ADR</strong> (NYSE:NIO) reported that its global deliveries more than doubled in September as it completed the first batch of deliveries in Norway. The company delivered 10,628 vehicles globally during the month, a jump of 125.7% year-over-year. Nio shares gained 0.2% to $35.71 in the after-hours trading session.</li> \n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","HNI":"HNI Corp","JEF":"杰富瑞","ZM":"Zoom","FIVN":"Five9 Inc"},"source_url":"https://www.benzinga.com/news/earnings/21/10/23189068/5-stocks-to-watch-for-october-1-2021","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172957792","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects HNI Corp (NYSE:HNI) to report quarterly earnings at $0.69 per share on revenue of $629.94 million before the opening bell. HNI shares dropped 3% to close at $36.72 on Thursday.\nFive9 Inc (NASDAQ:FIVN) shareholders shot down Zoom Video Communications Inc’s (NASDAQ:ZM) $14.7 billion deal to acquire the customer-service software company. Five9 shares fell 1.1% to $157.97 in after-hours trading, while Zoom shares gained 0.4% to $262.45 in the after-hours trading session.\n\nFind out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.\nChoosing the best broker is an important part of being a successful trader or investor\n\nJefferies Financial Group Inc (NYSE:JEF) reported better-than-expected earnings for its third quarter on Thursday. Jefferies Financial shares gained 1.4% to $37.65 in the after-hours trading session.\nNio Inc - ADR (NYSE:NIO) reported that its global deliveries more than doubled in September as it completed the first batch of deliveries in Norway. The company delivered 10,628 vehicles globally during the month, a jump of 125.7% year-over-year. Nio shares gained 0.2% to $35.71 in the after-hours trading session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":864142281,"gmtCreate":1633079329796,"gmtModify":1633079329888,"author":{"id":"3563492971480014","authorId":"3563492971480014","name":"MarkLeslie","avatar":"https://static.tigerbbs.com/1019d85cf0c16873affa407148f36313","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment please. Thx","listText":"Like and comment please. Thx","text":"Like and comment please. 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