Cathie Wood's Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase

Benzinga01-03

On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1163968959?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-01-03 11:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1163968959","market":"us","top_or_hot":-1,"title":"Cathie Wood's Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase","media":"Benzinga","content":"<div>\n<p>On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/01/36463348/cathie-woods-ark-invest-purchases-nearly-17m-worth-of-roku-shares-sells-coinbase-robinhood\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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's Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase</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's Ark Invest Purchases Nearly $17M Worth Of Roku Shares, Sells Coinbase\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-03 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/24/01/36463348/cathie-woods-ark-invest-purchases-nearly-17m-worth-of-roku-shares-sells-coinbase-robinhood><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/24/01/36463348/cathie-woods-ark-invest-purchases-nearly-17m-worth-of-roku-shares-sells-coinbase-robinhood\">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":"SSYS","symbol_name":"Stratasys","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/01/36463348/cathie-woods-ark-invest-purchases-nearly-17m-worth-of-roku-shares-sells-coinbase-robinhood","article_id":"1163968959","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163968959","pubTimestamp":1704253504,"columns":[],"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’s revenue growth prospects.The Roku TradeArk Invest’s acquisition of Roku shares stands out as the day’s most notable transaction. The investment firm purchased $16.9 million of Roku stock across multiple funds, including Ark Fintech Innovation ETF, ARK Innovation ETF, and ARK Next Generation Intern","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSYS":"Stratasys","RKLB":"Rocket Lab USA, Inc.","COIN":"Coinbase Global, Inc.","EXAS":"精密科学","ROKU":"Roku Inc","RXRX":"Recursion Pharmaceuticals, Inc."},"translate_title":"凯西·伍德的方舟投资公司购买价值近1700万美元的Roku股票，出售比特币基地","themeId":"b450f1d4aa0246ad9fdbfc0fc150ccb7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1.1,"EXAS":1.1,"RKLB":1.1,"ROKU":1.1,"RXRX":1.1,"SSYS":1.1},"content_text":"On Tuesday, Cathie Wood-led Ark Invest made a significant purchase of Roku Inc shares. This decision comes amidst a period of market volatility and recent bearish sentiments from analysts toward Roku’s revenue growth prospects.The Roku TradeArk Invest’s acquisition of Roku shares stands out as the day’s most notable transaction. The investment firm purchased $16.9 million of Roku stock across multiple funds, including Ark Fintech Innovation ETF, ARK Innovation ETF, and ARK Next Generation Internet ETF. On Tuesday, Roku stock closed 2.9% lower at $89.This move is particularly intriguing given the recent skepticism from analysts regarding Roku’s economic viability in the face of stiff competition and a challenging advertising market.Other Key Trades:Sold shares of Coinbase Global Inc across ARKF, ARKK, and ARKW funds worth $527,116.Bought shares of Recursion Pharmaceuticals in the ARKK fund.Sold shares of Exact Sciences Corp in the ARKK fund.Bought shares of Rocket Lab USA Inc in the ARKQ fund.Sold shares of Stratasys Ltd in both ARKQ and ARKX funds.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":7,"commentSize":0,"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":"4.29.3","shortVersion":"4.29.3","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/1163968959"}