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2021-09-16
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Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares
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2021-09-16
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At closing prices, that puts the value at about $62 million.\nArk funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is their biggest holding, according to data compiled by Bloomberg. Tesla shares have been rebounding since mid-May, gaining about 34% in the period.\n\nArk’s strategy regularly involves selling some of its winners to invest in other targets. As the firm trimmed its Tesla stake last year, Wood told CNBC it was “wise portfolio management” to control position sizes.\nArk’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885887269,"gmtCreate":1631776735551,"gmtModify":1676530632771,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559068542106206","authorIdStr":"3559068542106206"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885887269","repostId":"2167519147","repostType":4,"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":885860370,"gmtCreate":1631776781190,"gmtModify":1676530632779,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559068542106206","authorIdStr":"3559068542106206"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885860370","repostId":"2167287516","repostType":4,"repost":{"id":"2167287516","kind":"news","pubTimestamp":1631773899,"share":"https://ttm.financial/m/news/2167287516?lang=&edition=fundamental","pubTime":"2021-09-16 14:31","market":"us","language":"en","title":"Cathie Wood Keeps Selling Tesla, Unloading $62 Million of Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2167287516","media":"Bloomberg","summary":"Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.The ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.Ark funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is","content":"<p>Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.</p>\n<p>The ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.</p>\n<p>Ark funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is their biggest holding, according to data compiled by Bloomberg. Tesla shares have been rebounding since mid-May, gaining about 34% in the period.</p>\n<p><img src=\"https://static.tigerbbs.com/5aa38d91890a0804df0621f0aab8f5e4\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Ark’s strategy regularly involves selling some of its winners to invest in other targets. As the firm trimmed its Tesla stake last year, Wood told CNBC it was “wise portfolio management” to control position sizes.</p>\n<p>Ark’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.</p>","source":"lsy1584095487587","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 Keeps Selling Tesla, Unloading $62 Million of Shares</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 Keeps Selling Tesla, Unloading $62 Million of Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 14:31 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.\nThe ARK Innovation and...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","TSLA":"特斯拉","ARKW":"ARK Next Generation Internation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-16/cathie-wood-keeps-selling-tesla-unloading-62-million-of-shares?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167287516","content_text":"Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.\nThe ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.\nArk funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is their biggest holding, according to data compiled by Bloomberg. Tesla shares have been rebounding since mid-May, gaining about 34% in the period.\n\nArk’s strategy regularly involves selling some of its winners to invest in other targets. As the firm trimmed its Tesla stake last year, Wood told CNBC it was “wise portfolio management” to control position sizes.\nArk’s daily trading update reflects portfolio changes made by its investment team and excludes creation and redemption activity and public offerings; for this reason it may not fully reflect all of the firm’s trades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885887269,"gmtCreate":1631776735551,"gmtModify":1676530632771,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559068542106206","authorIdStr":"3559068542106206"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885887269","repostId":"2167519147","repostType":4,"repost":{"id":"2167519147","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631776471,"share":"https://ttm.financial/m/news/2167519147?lang=&edition=fundamental","pubTime":"2021-09-16 15:14","market":"uk","language":"en","title":"Ryanair raises passenger target to 225 million a year by 2026","url":"https://stock-news.laohu8.com/highlight/detail?id=2167519147","media":"Reuters","summary":"DUBLIN, Sept 16 (Reuters) - Ryanair on Thursday raised its long-term traffic forecast and expects to","content":"<p>DUBLIN, Sept 16 (Reuters) - Ryanair on Thursday raised its long-term traffic forecast and expects to fly 225 million passengers a year by 2026, up from 200 million previously as it eyes a strong recovery from the COVID-19 pandemic.</p>\n<p>Europe's largest low cost carrier said the planned delivery of 210 Boeing 737 MAX jets over the next five years will enable it to accelerate post-pandemic growth \"as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes\".</p>\n<p>Ryanair, which last week ended talks over a new order of the larger 737 MAX 10 jets worth tens of billions of dollars because the prices on offer were too high, said in a statement ahead of its annual general meeting on Thursday that the performance of the 197-seat MAX200 model this summer had exceeded expectations.</p>\n<p>The airline also said it will open 10 new bases across Europe and take up slot opportunities vacated by competitor airlines.</p>\n<p>Ryanair flew 149 million passengers a year before the pandemic and expects to fly between 90 million and 100 million in its financial year to the end of March 2022 as the industry recovers from the disruption of the last 18 months.</p>\n<p>Ryanair had planned to reach the 200 million passenger mark by March 2024 but said just before the pandemic struck Europe last year that delays in the delivery of the then-grounded MAX jet would mean it would take until 2025 or 2026.</p>","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>Ryanair raises passenger target to 225 million a year by 2026</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{ 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}\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\">\nRyanair raises passenger target to 225 million a year by 2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 15:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DUBLIN, Sept 16 (Reuters) - Ryanair on Thursday raised its long-term traffic forecast and expects to fly 225 million passengers a year by 2026, up from 200 million previously as it eyes a strong recovery from the COVID-19 pandemic.</p>\n<p>Europe's largest low cost carrier said the planned delivery of 210 Boeing 737 MAX jets over the next five years will enable it to accelerate post-pandemic growth \"as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes\".</p>\n<p>Ryanair, which last week ended talks over a new order of the larger 737 MAX 10 jets worth tens of billions of dollars because the prices on offer were too high, said in a statement ahead of its annual general meeting on Thursday that the performance of the 197-seat MAX200 model this summer had exceeded expectations.</p>\n<p>The airline also said it will open 10 new bases across Europe and take up slot opportunities vacated by competitor airlines.</p>\n<p>Ryanair flew 149 million passengers a year before the pandemic and expects to fly between 90 million and 100 million in its financial year to the end of March 2022 as the industry recovers from the disruption of the last 18 months.</p>\n<p>Ryanair had planned to reach the 200 million passenger mark by March 2024 but said just before the pandemic struck Europe last year that delays in the delivery of the then-grounded MAX jet would mean it would take until 2025 or 2026.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RYAAY":"Ryanair Holdings plc","RYAOF":"Ryanair Holdings Plc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167519147","content_text":"DUBLIN, Sept 16 (Reuters) - Ryanair on Thursday raised its long-term traffic forecast and expects to fly 225 million passengers a year by 2026, up from 200 million previously as it eyes a strong recovery from the COVID-19 pandemic.\nEurope's largest low cost carrier said the planned delivery of 210 Boeing 737 MAX jets over the next five years will enable it to accelerate post-pandemic growth \"as opportunities open up at primary and secondary airports all over Europe, particularly where legacy carriers have failed or reduced fleet sizes\".\nRyanair, which last week ended talks over a new order of the larger 737 MAX 10 jets worth tens of billions of dollars because the prices on offer were too high, said in a statement ahead of its annual general meeting on Thursday that the performance of the 197-seat MAX200 model this summer had exceeded expectations.\nThe airline also said it will open 10 new bases across Europe and take up slot opportunities vacated by competitor airlines.\nRyanair flew 149 million passengers a year before the pandemic and expects to fly between 90 million and 100 million in its financial year to the end of March 2022 as the industry recovers from the disruption of the last 18 months.\nRyanair had planned to reach the 200 million passenger mark by March 2024 but said just before the pandemic struck Europe last year that delays in the delivery of the then-grounded MAX jet would mean it would take until 2025 or 2026.","news_type":1},"isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885860867,"gmtCreate":1631776816459,"gmtModify":1676530632787,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3559068542106206","authorIdStr":"3559068542106206"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885860867","repostId":"1149100867","repostType":4,"repost":{"id":"1149100867","kind":"news","pubTimestamp":1631761067,"share":"https://ttm.financial/m/news/1149100867?lang=&edition=fundamental","pubTime":"2021-09-16 10:57","market":"us","language":"en","title":"Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149100867","media":"Motley Fool","summary":"Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, Point","content":"<p><b>Penn National Gaming</b>(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, <b>PointsBet Holdings</b>(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the next 10X.</p>\n<p>It's no shocker that Penn is expanding its reach in the sports betting market. The company has been very acquisitive in the space,buying <b>Score Media and Gaming Inc.</b>(NASDAQ:SCR)and taking a positionin <b>Barstool Sports</b>. CEO Jay Snowden is serious about this market.</p>\n<p>But this latest expansion might offer a clue to investors that there's serious upside in PointsBet, if not Penn, too.</p>\n<p>Penn National Gaming announced its deal to acquire Score Media almost exactly two years after announcing it had added a 9% stake in the company via private placement. Clearly the company liked what it learned over those two years to take the company out in a cash-plus-stock deal valuing the shares at the time of announcement at $34.</p>\n<p>For investors today, Penn's history with Score<i>could</i>be instructive. Score's stock traded around $4 at the time Penn's initial investment was announced, implying a nice 750% gain for anybody who bought in at that $4 dollar level – not bad for a two-year investment. So, is PointsBet the next Score Media and Gaming?</p>\n<p>That's the right question to ask. PointsBet does trade over the counter, so most U.S. investors can take a speculative position and hope that executive decision making at Penn falls in their favor. But that's really all there is to this – speculation. Penn, on the other hand, may be a stock to own longer term for those bullish on sports betting.</p>","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>Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?</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\">\nDid Penn National Gaming Just Tip Off Investors to the Next 10X Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 10:57 GMT+8 <a href=https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, PointsBet Holdings(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PENN":"佩恩国民博彩","PBTHF":"PointsBet Holdings Limited"},"source_url":"https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149100867","content_text":"Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, PointsBet Holdings(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the next 10X.\nIt's no shocker that Penn is expanding its reach in the sports betting market. The company has been very acquisitive in the space,buying Score Media and Gaming Inc.(NASDAQ:SCR)and taking a positionin Barstool Sports. CEO Jay Snowden is serious about this market.\nBut this latest expansion might offer a clue to investors that there's serious upside in PointsBet, if not Penn, too.\nPenn National Gaming announced its deal to acquire Score Media almost exactly two years after announcing it had added a 9% stake in the company via private placement. Clearly the company liked what it learned over those two years to take the company out in a cash-plus-stock deal valuing the shares at the time of announcement at $34.\nFor investors today, Penn's history with Scorecouldbe instructive. Score's stock traded around $4 at the time Penn's initial investment was announced, implying a nice 750% gain for anybody who bought in at that $4 dollar level – not bad for a two-year investment. So, is PointsBet the next Score Media and Gaming?\nThat's the right question to ask. PointsBet does trade over the counter, so most U.S. investors can take a speculative position and hope that executive decision making at Penn falls in their favor. But that's really all there is to this – speculation. Penn, on the other hand, may be a stock to own longer term for those bullish on sports betting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
