The shares of both companies outperformed the broader indexes over five and ten year periods, but have faltered of late.Despite relatively rich valuations, growth prospects for each stock appear strong.However, I see one of the two as having a stronger long-term growth runway.Apple Inc. and Amazon.com Inc. rank among the top five companies in the world by market cap. While the two stocks beat the market over the last five and ten years, each lags the S&P 500 in 2021. Is this an indication the
Cathie Wood Buys $26M Disney Shares And Sells $13M In Netflix: What You Need To Know
Cathie Wood-led Ark Investment Management on Friday bought 150,556 shares, worth about $26.15 million, in Walt Disney Co , marking its debut in the media and entertainment company as analysts pointed to benefits from the reopening of theme parks in 2021.Walt Disney World Resort hasannouncedthat visitors are no longer required to wear masks in most outdoor areas.The Disney shares were purchased for the ARK Next Generation Internet ETF . Shares of ARKW closed 4.14% higher at $128.60 on Friday.ARKW
IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings
There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system,
IPO Preview: SquareSpace, Procure Technologies And Oatly Are This Week's Offerings
There are only three offerings scheduled for the trading week beginning May 17. The offerings include an online platform for businesses, a construction management company and the global leader of oat milk.SquareSpace has 3.7 million unique subscribers in 180 countries. Revenue was $621 million for SquareSpace in 2020, up 28% year-over-year. In the first quarter of 2021, revenue for SquareSpace was $179.6 million.In March, SquareSpace acquired Tock, a hospitality platform and application system,