On Monday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc (NASDAQ:TSLA) and Zoom Video Communications Inc (NASDAQ:ZM).
The Tesla Trade
Ark Invest purchased a total of 122,752 shares of Tesla across its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW). The Ark trade was valued at $17.44 million. Tesla shares closed 3.4% lower at $142.05 for the day.
Tesla shares have fallen over 40% since the year began and over a longer 12-year period they have declined more than 12%.
Significantly, this purchase comes on the eve of Tesla’s first-quarter financial results announcement. Analysts expect Tesla to report first-quarter revenue of $22.34 billion, a slight decrease from the $23.33 billion reported in the same quarter of the previous year. This move by Ark Invest could be seen as a vote of …
Full story available on Benzinga.com
On Monday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc (NASDAQ:TSLA) and Zoom Video Communications Inc (NASDAQ:ZM).
The Tesla Trade
Ark Invest purchased a total of 122,752 shares of Tesla across its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW). The Ark trade was valued at $17.44 million. Tesla shares closed 3.4% lower at $142.05 for the day.
Tesla shares have fallen over 40% since the year began and over a longer 12-year period they have declined more than 12%.
Significantly, this purchase comes on the eve of Tesla’s first-quarter financial results announcement. Analysts expect Tesla to report first-quarter revenue of $22.34 billion, a slight decrease from the $23.33 billion reported in the same quarter of the previous year. This move by Ark Invest could be seen as a vote of …
Full story available on Benzinga.com
On Monday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc (NASDAQ:TSLA) and Zoom Video Communications Inc (NASDAQ:ZM).
The Tesla Trade
Ark Invest purchased a total of 122,752 shares of Tesla across its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW). The Ark trade was valued at $17.44 million. Tesla shares closed 3.4% lower at $142.05 for the day.
Tesla shares have fallen over 40% since the year began and over a longer 12-year period they have declined more than 12%.
Significantly, this purchase comes on the eve of Tesla’s first-quarter financial results announcement. Analysts expect Tesla to report first-quarter revenue of $22.34 billion, a slight decrease from the $23.33 billion reported in the same quarter of the previous year. This move by Ark Invest could be seen as a vote of …Full story available on Benzinga.com Read MoreARK Invest, Ark Invest Management, ARKK, ARKQ, ARKW, Cathie Wood, electric vehicles, Equities, EVs, News, Shivdeep Dhaliwal, Tesla, TSLA, ZM, Zoom Video Communications, Markets, ETFs, TSLA, US88160R1014, ARKQ, ARKW, ARKK, ZM, News, Equities, Markets, ETFs, Benzinga Markets
