According to that data, Wood and her team reduced their holdings ... 15 (the period of Ark's selling), Palantir stock gained 89%. Data by YCharts. In the chart above, the date of Palantir's ...
Whenever a stock experiences a pronounced rally in a short time period, it's appropriate for fund managers to rebalance their portfolio. In this case, Wood's sales of Palantir coincide with the ...
After the Elon Musk-led company released its third-quarter numbers in late October, the Wood-led firm sold $22.2 million worth of the stock. Wood has highlighted Tesla’s trillion-dollar revenue ...
However, the stock should only be purchased by those who believe the company's top- and bottom-line growth are set to continue at a solid clip. Cathie Wood thinks this will be the case.
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ARKK price YTD chart. Source: Finbold One of Wood’s favorite companies is electric vehicle maker Tesla (NASDAQ: TSLA), which is also ARKK’s largest holding. As of late, the fund has been selling the ...
Cathie Wood added to her stakes in Amazon ... put out back-to-back-to-back "beat and lower" quarterly results. The stock has plummeted 40% from its initial springtime IPO open of $117.