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2022-01-05

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Cathie Wood Sells Another $50M in Tesla on Tuesday — Here's What She Bought Instead

Cathie Wood’sArk Investment Management on Tuesday booked more profit in Tesla Inc(NASDAQ:TSLA), sell

Cathie Wood Sells Another $50M in Tesla on Tuesday — Here's What She Bought Instead

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The micro-blogging company’s stock closed 4.2% lower at $40.9 a share.</li><li>Bought 462,613 shares — estimated to be worth $8 million — in <b>RobinhoodMarkets Inc</b>(NASDAQ:HOOD). Shares of the commission-free trading app that deals in stocks, exchange-traded funds and cryptocurrencies closed 5.6% lower at $17.4 a share.</li><li>Bought 304,356 shares — estimated to be worth $47.6 million — in <b>Block Inc</b>(NYSE:SQ). Shares of Block, formerly known as Square, closed 4.7% lower at $156.3 a share.</li><li>Bought 1,185,460 shares — estimated to be worth $31.5 million — in <b>DraftKings Inc</b>(NASDAQ:DKNG). Shares of the fantasy sports company closed 4.1% lower at $26.6 a share.</li><li>Sold 250,359 shares — estimated to be worth $12.5 million — in<b>Pinduoduo Inc</b>(NASDAQ:PDD) on the dayshares of the Chinese agri-tech company closed 11.2% lower at $49.8 a share.</li></ul></body></html>","source":"lsy1606299360108","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 Sells Another $50M in Tesla on Tuesday — Here's What She Bought Instead</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; 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}\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 Sells Another $50M in Tesla on Tuesday — Here's What She Bought Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-05 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/22/01/24899364/cathie-wood-sells-another-50m-in-tesla-on-tuesday-heres-what-she-bought-instead><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’sArk Investment Management on Tuesday booked more profit in Tesla Inc(NASDAQ:TSLA), selling 44,132 shares — estimated to be worth $50.7 million based on the latest closing price — in the ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24899364/cathie-wood-sells-another-50m-in-tesla-on-tuesday-heres-what-she-bought-instead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/22/01/24899364/cathie-wood-sells-another-50m-in-tesla-on-tuesday-heres-what-she-bought-instead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182721899","content_text":"Cathie Wood’sArk Investment Management on Tuesday booked more profit in Tesla Inc(NASDAQ:TSLA), selling 44,132 shares — estimated to be worth $50.7 million based on the latest closing price — in the electric vehicle maker’s stock.The Elon Musk-led company’s stock, which had risen about 50% in 2021,  closed 4.2% lower at $1,149.6 a share on Tuesday.Tesla shares soared 13.5% on Monday after it reported fourth-quarter delivery volumes that far surpassed expectations.Ark Invest owns shares in Tesla via three of its exchange-traded funds — the Ark Innovation ETF(NYSE:ARKK), the Ark Autonomous Technology & Robotics ETF(NYSE:ARKQ) and the Ark Next Generation Internet ETF(NYSE:ARKW).The three ETFs held about 1.7 million shares worth $2.05 billion in Tesla, prior to Tuesday’s trade.Tesla on Sunday smashed fourth-quarter delivery records, posting its biggest quarterly and full-year delivery volume.The St. Petersburg, Florida-based Ark has also been loading up in U.S.-listed Chinese electric vehicle maker Xpeng Inc(NYSE:XPEV) recently.Here are some other key Ark Invest trades from Tuesday:Sold 1.98 million shares —estimated to be worth $81.2 million— in Twitter Inc(NYSE:TWTR). The micro-blogging company’s stock closed 4.2% lower at $40.9 a share.Bought 462,613 shares — estimated to be worth $8 million — in RobinhoodMarkets Inc(NASDAQ:HOOD). Shares of the commission-free trading app that deals in stocks, exchange-traded funds and cryptocurrencies closed 5.6% lower at $17.4 a share.Bought 304,356 shares — estimated to be worth $47.6 million — in Block Inc(NYSE:SQ). Shares of Block, formerly known as Square, closed 4.7% lower at $156.3 a share.Bought 1,185,460 shares — estimated to be worth $31.5 million — in DraftKings Inc(NASDAQ:DKNG). Shares of the fantasy sports company closed 4.1% lower at $26.6 a share.Sold 250,359 shares — estimated to be worth $12.5 million — inPinduoduo Inc(NASDAQ:PDD) on the dayshares of the Chinese agri-tech company closed 11.2% lower at $49.8 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":643,"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":13,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Cathie Wood Sells Another $50M in Tesla on Tuesday — Here's What She Bought Instead

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