Cathie Wood's Ark Offloads Tesla Shares Worth $8.4M While Staying Bullish On It

Benzinga2023-09-21

On Wednesday, Cathie Wood-led Ark Invest continued its trend of offloading shares of Tesla Inc, marking the second consecutive day of significant sales.This move follows Tesla’s recent rally and ...

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

Dpike
2023-09-21
Dpike
Obviously spotted something else nine and shiny they wanted the money but did not want to devalue their remaining stock by talking it down.
FGP
2023-09-21
FGP
Stayed bullish but why offload? Too much shares or contradict?🤔🤭

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1168533540?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-09-21 11:47","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1168533540","market":"us","top_or_hot":-1,"title":"Cathie Wood's Ark Offloads Tesla Shares Worth $8.4M While Staying Bullish On It","media":"Benzinga","content":"<div>\n<p>On Wednesday, Cathie Wood-led Ark Invest continued its trend of offloading shares of Tesla Inc, marking the second consecutive day of significant sales.This move follows Tesla’s recent rally and ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/23/09/34776001/cathie-woods-ark-offloads-tesla-shares-worth-8-4m-while-staying-bullish-on-elon-musks-ev-company\">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 Offloads Tesla Shares Worth $8.4M While Staying Bullish On It</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 Offloads Tesla Shares Worth $8.4M While Staying Bullish On It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-21 11:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/23/09/34776001/cathie-woods-ark-offloads-tesla-shares-worth-8-4m-while-staying-bullish-on-elon-musks-ev-company><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Wednesday, Cathie Wood-led Ark Invest continued its trend of offloading shares of Tesla Inc, marking the second consecutive day of significant sales.This move follows Tesla’s recent rally and ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/23/09/34776001/cathie-woods-ark-offloads-tesla-shares-worth-8-4m-while-staying-bullish-on-elon-musks-ev-company\">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":"TDOC","symbol_name":"Teladoc Health Inc.","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/23/09/34776001/cathie-woods-ark-offloads-tesla-shares-worth-8-4m-while-staying-bullish-on-elon-musks-ev-company","article_id":"1168533540","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168533540","pubTimestamp":1695268069,"columns":[],"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"On Wednesday, Cathie Wood-led Ark Invest continued its trend of offloading shares of Tesla Inc, marking the second consecutive day of significant sales.This move follows Tesla’s recent rally and ongoing discussions about the company’s potential in autonomous driving technology.The Tesla Trade: On Wednesday, Ark Invest offloaded $8.42 million worth of Tesla shares— the value is based on Tesla’s closing price of $262.59. The sale was made through the flagship Ark Innovation ETF.Yesterday’s sale wa","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TDOC":"Teladoc Health Inc.","TSLA":"特斯拉","DNA":"Ginkgo Bioworks Holdings Inc.","DKNG":"DraftKings Inc.","RBLX":"Roblox Corporation"},"translate_title":"凯西·伍德的方舟抛售价值840万美元的特斯拉股票，同时保持看好","themeId":"b450f1d4aa0246ad9fdbfc0fc150ccb7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKNG":1.1,"DNA":1.1,"RBLX":1.1,"TDOC":1.1,"TSLA":1.1},"content_text":"On Wednesday, Cathie Wood-led Ark Invest continued its trend of offloading shares of Tesla Inc, marking the second consecutive day of significant sales.This move follows Tesla’s recent rally and ongoing discussions about the company’s potential in autonomous driving technology.The Tesla Trade: On Wednesday, Ark Invest offloaded $8.42 million worth of Tesla shares — the value is based on Tesla’s closing price of $262.59. The sale was made through the flagship Ark Innovation ETF.Yesterday’s sale was executed through the Innovation ETF as well and amounted to nearly $20.56 million This followed last week’s significant sale through ARKK, which offloaded 51,155 Tesla shares. Despite these sales, Ark remains optimistic about Tesla’s future, projecting a stock price surge to $2,000 by 2027, largely driven by the anticipated launch of its robotaxi service.Other Key Trades:Roblox Corp: Ark Invest purchased 526,046 shares through multiple ETFs.Teladoc Inc: Ark Invest bought a total of 351,042 shares across multiple ETFs.DraftKings Inc: Ark Invest sold a total of 393,226 shares across multiple ETFs.Ginkgo Bioworks Holdings Inc: Ark Invest acquired a massive 2,170,433 shares through multiple ETFs.","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":1},"commentList":[{"id":222199957966960,"gmtCreate":1695275334647,"gmtModify":1695276105971,"author":{"id":"4154492686311222","authorId":"4154492686311222","name":"Dpike","avatar":"https://community-static.tradeup.com/news/51ce52aa15b88a8d69a9c4ddb671a4ff","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4154492686311222","authorIdStr":"4154492686311222"},"htmlText":"Obviously spotted something else nine and shiny they wanted the money but did not want to devalue their remaining stock by talking it down.","listText":"Obviously spotted something else nine and shiny they wanted the money but did not want to devalue their remaining stock by talking it down.","text":"Obviously spotted something else nine and shiny they wanted the money but did not want to devalue their remaining stock by talking it down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222199957966960","repostId":1168533540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":222175051071576,"gmtCreate":1695269145319,"gmtModify":1695269149796,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1,"idStr":"3584079457608282","authorIdStr":"3584079457608282"},"htmlText":"Stayed bullish but why offload? Too much shares or contradict?🤔🤭","listText":"Stayed bullish but why offload? Too much shares or contradict?🤔🤭","text":"Stayed bullish but why offload? Too much shares or contradict?🤔🤭","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222175051071576","repostId":1168533540,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":8,"commentSize":2,"repostSize":1,"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/1168533540"}