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2021-03-04

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ARK Invest snaps up Zoom shares in wake of earnings

ARK Investment Management bought 255,621 shares of Zoom Media yesterday for its flagship ARK Innova

ARK Invest snaps up Zoom shares in wake of earnings

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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\">\nARK Invest snaps up Zoom shares in wake of earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-04 14:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3668823-ark-invest-snaps-up-zoom-shares><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ARK Investment Management bought 255,621 shares of Zoom  Media yesterday for its flagship ARK Innovation ETF.The move brought Zoom up to 0.4048% of the fund.ZM is down 2.4% today, while ARKK is down ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668823-ark-invest-snaps-up-zoom-shares\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKW":"ARK Next Generation Internation ETF","ZM":"Zoom","ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/news/3668823-ark-invest-snaps-up-zoom-shares","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1195543456","content_text":"ARK Investment Management bought 255,621 shares of Zoom  Media yesterday for its flagship ARK Innovation ETF.The move brought Zoom up to 0.4048% of the fund.ZM is down 2.4% today, while ARKK is down 2.6% amid pressure from resurgent yields on high-value and tech stocks.Zoom shares saw a post-earnings pop of nearly 10% Monday, with its outlook suggestingfurther tailwinds for work-from-home companies.But it fell right back down Tuesday, losing 9%, despite an upgrade from Piper Sandler thatsuggested further upside.Zoom is up more than 10% year to date.Among other buys, ARK added 227,600 shares of JD.com(NASDAQ:JD)and 92,982 shares of Facebook to the ARK Next Generation Internet ETF .Facebook is up 0.4%, JD.com is off 0.4% and ARKW is down 1.4%.On Friday, ARKK saw itssecond-highest level of inflows ever at $464M.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}