Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.

InvestorPlace2022-05-07

Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...

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Comments

MIe
2022-05-09
MIe
only Twitter one of the up in recent sell off thus sell for profits to cover other losses
hiiiinvestor
2022-05-08
hiiiinvestor
Nice
kino318
2022-05-08
kino318
Good
Mic6226
2022-05-08
Mic6226
Good news
EY12
2022-05-08
EY12
Like
SPOT_ON
2022-05-08
SPOT_ON
Ok

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Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. 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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWTR","symbol_name":"Twitter","start_time":0,"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","article_id":"1124838192","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","pubTimestamp":1651892780,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. 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These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. 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Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. 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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9062030034,"gmtCreate":1651975505828,"gmtModify":1676535006347,"author":{"id":"4106697407777030","authorId":"4106697407777030","name":"hiiiinvestor","avatar":"https://community-static.tradeup.com/news/fc2201ca55b4c80115c9234b16f5ccd5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062030034","repostId":1124838192,"repostType":4,"repost":{"id":"1124838192","pubTimestamp":1651892780,"share":"https://www.laohu8.com/m/news/1124838192?lang=&edition=full","pubTime":"2022-05-07 11:06","market":"us","language":"en","title":"Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. Here’s Why.</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Just Sold Twitter (TWTR) Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9062007078,"gmtCreate":1651974931494,"gmtModify":1676535006052,"author":{"id":"3578134255896974","authorId":"3578134255896974","name":"kino318","avatar":"https://static.tigerbbs.com/e983f44b7853b7b8c10f1b3f6e19dc68","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9062007078","repostId":1124838192,"repostType":4,"repost":{"id":"1124838192","pubTimestamp":1651892780,"share":"https://www.laohu8.com/m/news/1124838192?lang=&edition=full","pubTime":"2022-05-07 11:06","market":"us","language":"en","title":"Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. Here’s Why.</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Just Sold Twitter (TWTR) Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066771315,"gmtCreate":1651973857937,"gmtModify":1676535005579,"author":{"id":"4109843165472380","authorId":"4109843165472380","name":"Mic6226","avatar":"https://community-static.tradeup.com/news/642ea3ba3ea408756b94df1fc4fc2d69","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":8,"crmLevelSwitch":1},"htmlText":"Good news&nbsp;","listText":"Good news&nbsp;","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066771315","repostId":1124838192,"repostType":4,"repost":{"id":"1124838192","pubTimestamp":1651892780,"share":"https://www.laohu8.com/m/news/1124838192?lang=&edition=full","pubTime":"2022-05-07 11:06","market":"us","language":"en","title":"Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. Here’s Why.</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Just Sold Twitter (TWTR) Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066773543,"gmtCreate":1651973846282,"gmtModify":1676535005570,"author":{"id":"3569935580474431","authorId":"3569935580474431","name":"EY12","avatar":"https://static.tigerbbs.com/103e86782b34598ff73873d5f9259adb","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066773543","repostId":1124838192,"repostType":4,"repost":{"id":"1124838192","pubTimestamp":1651892780,"share":"https://www.laohu8.com/m/news/1124838192?lang=&edition=full","pubTime":"2022-05-07 11:06","market":"us","language":"en","title":"Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. Here’s Why.</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Just Sold Twitter (TWTR) Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9066746626,"gmtCreate":1651973438365,"gmtModify":1676535005401,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066746626","repostId":1124838192,"repostType":4,"repost":{"id":"1124838192","pubTimestamp":1651892780,"share":"https://www.laohu8.com/m/news/1124838192?lang=&edition=full","pubTime":"2022-05-07 11:06","market":"us","language":"en","title":"Cathie Wood Just Sold Twitter (TWTR) Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1124838192","media":"InvestorPlace","summary":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 pe","content":"<html><head></head><body><p><b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”</p><p>On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include <b>Sequoia Capital</b>, <b>Binance</b>(<b><u>BNB-USD</u></b>) and <b>Vy Capital</b>. Both Sequoia and Vy have previously backed Musk’s ventures.</p><p>Despite these developments, Cathie Wood’s<b>Ark Invest</b>reported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.</p><p>Cathie Wood Sells TWTR Stock</p><p>On May 5, the <b>Ark Next Generation Internet ETF</b>(NYSEMKT:<b><u>ARKW</u></b>) reported selling 718,188 shares. Additionally, the <b>Ark Fintech Innovation ETF</b>(NYSEMKT:<b><u>ARKF</u></b>) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.</p><p>In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the <b>Ark Innovation ETF</b>(NYSEMKT:<b><u>ARKK</u></b>).</p><p>Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.</p><p>What’s Next for Twitter?</p><p>Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.</p><p>In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”</p></body></html>","source":"lsy1606302653667","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 Just Sold Twitter (TWTR) Stock. Here’s Why.</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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 Just Sold Twitter (TWTR) Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-07 11:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 ...</p>\n\n<a href=\"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://investorplace.com/2022/05/cathie-wood-just-sold-twitter-twtr-stock-heres-why/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124838192","content_text":"Twitter(NYSE:TWTR) has been in the spotlight for the past month due to the ongoing drama surrounding Elon Musk’s purchase of the company. Musk has pledged to buy the social media platform at $54.20 per share. Recently, it was revealed that the Tesla(NASDAQ:TSLA) CEO plans to serve as Twitter’stemporary CEO if the acquisition is successful. Investors should also expect a major shakeup within the company, as Musk also stated that the company has “too many engineers not doing enough.”On top of that, Musk received$7.1 billion from outside investors to help with the acquisition. These outside investors include Sequoia Capital, Binance(BNB-USD) and Vy Capital. Both Sequoia and Vy have previously backed Musk’s ventures.Despite these developments, Cathie Wood’sArk Investreported reducing its TWTR stock position yesterday in two of its exchange-traded funds (ETFs). Let’s get into the details of the sale.Cathie Wood Sells TWTR StockOn May 5, the Ark Next Generation Internet ETF(NYSEMKT:ARKW) reported selling 718,188 shares. Additionally, the Ark Fintech Innovation ETF(NYSEMKT:ARKF) reported selling 156,738 shares. After the sales, Twitter accounts for less than 1%of either ETF. Across all Ark ETFs, Twitter is the 135th largest holding, with a 0.04% allocation.In fact, Ark Invest has been steadily selling down its Twitter position since December of last year. The last purchase occurred on Dec. 6, when ARKF purchased230,883 shares. Since then, Ark Invest has consistently been reducing its stake across ARKW, ARKF and the Ark Innovation ETF(NYSEMKT:ARKK).Ark Invest started reducing its position before the Twitter acquisition news was publicized. In addition, as part of the Musk acquisition, shareholders will receive $54.20 in cash for each share held. Ark Invest’s sales yesterday were all sold below $54.20, which may suggest that the firm expects downside before the acquisition completes.What’s Next for Twitter?Twitter will likely experience massive changes under the helm of Musk. He has hinted at several changes, such as an edit button, releasing Twitter’s algorithm to the public and combatting cryptocurrency scams.In a tweet, Musk also hinted that he may charge “commercial/government users” a “slight cost” for using the platform. However, he also stated that Twitter would always be free for “casual users.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":629,"commentSize":87,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1124838192"}