Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz

Benzinga2021-05-04

Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc PDD 0.37%and JD.com IncJD 0.44%— rivals to Alibaba Group Holding BABA 0.07%in the e-commerce and online ...

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Comments

HLPA
2021-05-04
HLPA
Grest
SquareGuy
2021-05-04
SquareGuy
$sklz
Stsy
2021-05-04
Stsy
Buy!
seejy
2021-05-04
seejy
[財迷] [財迷]
KaneWei
2021-05-04
KaneWei
[驚訝]
虎媽
2021-05-04
虎媽
Time to join in too?

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TheAutonomous Technology & Robotics ETF(BATS: ARKQ) and theSpace Exploration & Innovation ETF(BATS: ARKX) made the trades.JD.com shares closed 0.44% lower at $77.02 on Monday and were down 0.42% in after-hours trading.The Beijing-headquartered company runs one of the two massive B2C online retailers in China and is a major competitor to Alibaba-run Tmall.Ark also piled up on mobile games platform companySkillz IncSKLZ 5.59%— buying 720,962 shares worth about $11.9 million. Skillz shares closed 5.71% lower at $16.52.Wood has been buying the stock on dips and is bullish on the company despite a recent negative short seller report on its business model.See Also:Why Cathie Wood Is Bullish On Skillz?Other Ark Buys On Monday:StoneCo LtdSTNE 1.02%Recursion PharmaceuticalsRXRX 1.14%Repare Therapeutics IncRPTX 0.12%UiPath IncPATH 1.51%Zymergen IncZY 7.22%CM Life Sciences II IncCMIIU 2.51%Ionis Pharmaceuticals IncIONS 0.4%Iridium CommunicationsIRDM 1.34%Twitter IncTWTR 1.15%Beam Therapeutics 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[財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106668438","repostId":1125263023,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":106669807,"gmtCreate":1620112411409,"gmtModify":1704338826199,"author":{"id":"3579527932736466","authorId":"3579527932736466","name":"KaneWei","avatar":"https://static.tigerbbs.com/60ccccd45816137b03150843a26a136b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579527932736466","authorIdStr":"3579527932736466"},"htmlText":"[驚訝]&nbsp;","listText":"[驚訝]&nbsp;","text":"[驚訝]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/106669807","repostId":1125263023,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":106686308,"gmtCreate":1620111467504,"gmtModify":1704338818451,"author":{"id":"3575366267501972","authorId":"3575366267501972","name":"虎媽","avatar":"https://static.tigerbbs.com/addaf8f5c70389d895e9f8f49cdc8283","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575366267501972","authorIdStr":"3575366267501972"},"htmlText":"Time 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