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Hoeyin
2021-12-01

Will this go up after CATHIE bought

Cathie Wood’s Ark Loads Up on Twitter as Stock Hits 12-Month Low

(Bloomberg) -- Cathie Wood amped up buying of Twitter Inc. as the stock slumped to its lowest in a y

Cathie Wood’s Ark Loads Up on Twitter as Stock Hits 12-Month Low

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It was Ark’s first purchase of Twitter in about a month.</p>\n<p>On Tuesday, the flagship Ark Innovation ETF bought 623,221 shares, Ark Fintech Innovation ETF purchased 327,160 shares while Ark Next Generation Internet ETF bought 161,991 shares, according to the asset manager’s daily trading updates. The total buying was worth close to $49 million at Tuesday’s closing price of Twitter.</p>\n<p>Wood’s move to increase exposure to Twitter comes one day after Dorsey said he will hand over the control of the microblogging site he founded and helped build into a global communications platform to Chief Technology Officer Parag Agrawal.</p>\n<p>Dorsey’s era running Twitter spanned one of the biggest rallies for U.S. technology stocks but Twitter missed out on most of it. The stock dropped 4% on Tuesday to close at its lowest level since November 2020.</p>\n<p>Wood and her firm frequently say that they have at least a five-year investment horizon, and acknowledge that the disruptive companies they target are often volatile.</p>\n<p>The daily trading updates from Ark show only active decisions by the management team and do not include creation or redemption activity caused by investor flows. For that reason, the firm’s exact trading activity may vary.</p>","source":"yahoofinance","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’s Ark Loads Up on Twitter as Stock Hits 12-Month Low</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’s Ark Loads Up on Twitter as Stock Hits 12-Month Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 13:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cathie-wood-ark-loads-twitter-040004345.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Cathie Wood amped up buying of Twitter Inc. as the stock slumped to its lowest in a year amid company’s founder Jack Dorsey’s move to step down as chief executive officer.\nARK ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cathie-wood-ark-loads-twitter-040004345.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/cathie-wood-ark-loads-twitter-040004345.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2188694555","content_text":"(Bloomberg) -- Cathie Wood amped up buying of Twitter Inc. as the stock slumped to its lowest in a year amid company’s founder Jack Dorsey’s move to step down as chief executive officer.\nARK Investment Management, which is already one of the largest shareholders of the social-media platform, bought about 1.1 million shares in Twitter on Tuesday to mark its biggest one-day purchase of the stock since July 23. It was Ark’s first purchase of Twitter in about a month.\nOn Tuesday, the flagship Ark Innovation ETF bought 623,221 shares, Ark Fintech Innovation ETF purchased 327,160 shares while Ark Next Generation Internet ETF bought 161,991 shares, according to the asset manager’s daily trading updates. The total buying was worth close to $49 million at Tuesday’s closing price of Twitter.\nWood’s move to increase exposure to Twitter comes one day after Dorsey said he will hand over the control of the microblogging site he founded and helped build into a global communications platform to Chief Technology Officer Parag Agrawal.\nDorsey’s era running Twitter spanned one of the biggest rallies for U.S. technology stocks but Twitter missed out on most of it. The stock dropped 4% on Tuesday to close at its lowest level since November 2020.\nWood and her firm frequently say that they have at least a five-year investment horizon, and acknowledge that the disruptive companies they target are often volatile.\nThe daily trading updates from Ark show only active decisions by the management team and do not include creation or redemption activity caused by investor flows. For that reason, the firm’s exact trading activity may vary.","news_type":1},"isVote":1,"tweetType":1,"viewCount":336,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":29,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}