Every great investor has a different favorite sector, but two things they have in common are excellent vision and timing. It’s not that they win every time, but more often than not, their instincts are proven right in the long run. With that in mind, Cathie Wood’s recent purchase of five million shares of Archer Aviation stock takes on a different meaning now that the company has announced a reverse stock split.
Cathie Wood, the CEO of ARK Invest, has always had a reputation for making aggressive trades in the tech sector. So, when she bought five million shares of vertical takeoff and landing (VTOL) company Archer Aviation in late 2023, it looked like par for the course. At the time, Archer shares were trading below $10 per share, which created tremendous upside for traders with the means to buy millions of shares at a time.
Don’t Miss:
- If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
- During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses.
Archer’s business model revolves around developing personal flight vehicles that serve as “air taxis” to move travelers from place to place much more easily than cars. It’s a concept from The Jetsons or a 1960s television show trying to envision what transportation would look like in the 21st century. At the time …
Full story available on Benzinga.com
Every great investor has a different favorite sector, but two things they have in common are excellent vision and timing. It’s not that they win every time, but more often than not, their instincts are proven right in the long run. With that in mind, Cathie Wood’s recent purchase of five million shares of Archer Aviation stock takes on a different meaning now that the company has announced a reverse stock split.
Cathie Wood, the CEO of ARK Invest, has always had a reputation for making aggressive trades in the tech sector. So, when she bought five million shares of vertical takeoff and landing (VTOL) company Archer Aviation in late 2023, it looked like par for the course. At the time, Archer shares were trading below $10 per share, which created tremendous upside for traders with the means to buy millions of shares at a time.
Don’t Miss:
- If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
- During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses.
Archer’s business model revolves around developing personal flight vehicles that serve as “air taxis” to move travelers from place to place much more easily than cars. It’s a concept from The Jetsons or a 1960s television show trying to envision what transportation would look like in the 21st century. At the time …
Full story available on Benzinga.com
Every great investor has a different favorite sector, but two things they have in common are excellent vision and timing. It’s not that they win every time, but more often than not, their instincts are proven right in the long run. With that in mind, Cathie Wood’s recent purchase of five million shares of Archer Aviation stock takes on a different meaning now that the company has announced a reverse stock split.
Cathie Wood, the CEO of ARK Invest, has always had a reputation for making aggressive trades in the tech sector. So, when she bought five million shares of vertical takeoff and landing (VTOL) company Archer Aviation in late 2023, it looked like par for the course. At the time, Archer shares were trading below $10 per share, which created tremendous upside for traders with the means to buy millions of shares at a time.
Don’t Miss:
If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses.
Archer’s business model revolves around developing personal flight vehicles that serve as “air taxis” to move travelers from place to place much more easily than cars. It’s a concept from The Jetsons or a 1960s television show trying to envision what transportation would look like in the 21st century. At the time …Full story available on Benzinga.com Read MoreBZ-REALESTATE, Cathie Wood, Markets, Markets, Benzinga Markets
