On Wednesday, Cathie Wood-led Ark Invest continued its buying spree of Tesla Inc (NASDAQ:TSLA) shares, despite the electric vehicle maker’s stock facing a fourth consecutive session of losses.
The TSLA Trade
Ark Invest, through its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 66,504 shares of Tesla.
This move comes amidst concerns over Tesla’s potentially disappointing quarter and rumors of a shift in its product pipeline plans. The value of the trade, based on the closing price of $155.45, is approximately $10.34 million. Notably, Tesla was the only trade made on Wednesday by Ark Invest.
Despite the bearish market sentiment, Ark Invest’s decision to buy Tesla shares aligns with its …
Full story available on Benzinga.com
On Wednesday, Cathie Wood-led Ark Invest continued its buying spree of Tesla Inc (NASDAQ:TSLA) shares, despite the electric vehicle maker’s stock facing a fourth consecutive session of losses.
The TSLA Trade
Ark Invest, through its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 66,504 shares of Tesla.
This move comes amidst concerns over Tesla’s potentially disappointing quarter and rumors of a shift in its product pipeline plans. The value of the trade, based on the closing price of $155.45, is approximately $10.34 million. Notably, Tesla was the only trade made on Wednesday by Ark Invest.
Despite the bearish market sentiment, Ark Invest’s decision to buy Tesla shares aligns with its …
Full story available on Benzinga.com
On Wednesday, Cathie Wood-led Ark Invest continued its buying spree of Tesla Inc (NASDAQ:TSLA) shares, despite the electric vehicle maker’s stock facing a fourth consecutive session of losses.
The TSLA Trade
Ark Invest, through its ARK Innovation ETF (NYSE:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 66,504 shares of Tesla.
This move comes amidst concerns over Tesla’s potentially disappointing quarter and rumors of a shift in its product pipeline plans. The value of the trade, based on the closing price of $155.45, is approximately $10.34 million. Notably, Tesla was the only trade made on Wednesday by Ark Invest.
Despite the bearish market sentiment, Ark Invest’s decision to buy Tesla shares aligns with its …Full story available on Benzinga.com Read MoreARK Invest, ARK Invest ETFs, Ark Invest Management, ARKK, ARKQ, ARKW, Cathie Wood, electric vehicles, Elon Musk, Equities, News, Shivdeep Dhaliwal, Tesla, TSLA, Wood, Markets, ETFs, TSLA, US88160R1014, ARKQ, ARKW, ARKK, News, Equities, Markets, ETFs, Benzinga Markets
