Cathie Wood Resumes Tesla Buying Amid Stock's 16% Weekly Declines: Here's How Much Ark Invest Added In The Past Week

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Cathie Wood Resumes Tesla Buying Amid Stock's 16% Weekly Declines: Here's How Much Ark Invest Added In The Past Week

Benzinga2022-12-19

ZINGER KEY POINTSTesla 's fundamentals have faltered slightly amid demand concerns and CEO Elon Musk's distractions did not help matters any further.The stock is among the worst performing large-cap ...

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JQC
·2022-12-19
[OK]
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Lord Bagdonoff
·2022-12-19
What happen to her 5 year horizon ....
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ericbqlee
·2022-12-19
😀
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MLFL
·2022-12-19
Good morning
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- YYKTAN:
  ok
  2022-12-19
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- tungleh:
  Good morning
  2022-12-19
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noob80
·2022-12-19
Ok
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iDunn0
·2022-12-19
K
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AlanChong
·2022-12-19
Ok
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Guavaxf30
·2022-12-19
For the first time in a very long time, I have done the same thing as Cathie Wood. I still think Elon Musk has turned toxic for Tesla, but the company is a good one in a business which will continue to offer multiple growth. I am also banging of Musk to wise up. Or at lease get out of Tesla.....
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Singman
·2022-12-19
Loke
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TaiWoeiHaur
·2022-12-19
Good morning
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- tungleh:
  Good morning
  2022-12-19
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Even as the stock is battered and is down about 57% year-to-date, Cathie Wood stood behind the stock like a wall, with her firm Ark Invest adding to its position in the electric vehicle maker.After being less active for a while, Ark Invest’s trading activity picked up some momentum this week.Here are the details of the firm’s Tesla purchases last week:Wednesday, three of Ark’s funds bought Tesla. The firm’s Ark Innovation ETF bought 61,537 shares, the Ark Autonomous Technology & Robotics ETF 10,066 shares and the Ark Next Generation Internet ETF 3,259 shares. In Wednesday’s session, Ark’s cumulative purchase of Tesla stood at 74,862 shares, valued at $11.74 million, based on the session’s closing price.Thursday, ARKK bought 5,962 Tesla shares and ARKQ 500 shares, adding up to 6,462 shares, valued at $1.02 million, based on Thursday’s closing price.Friday, ARKK added 31,018 shares of Tesla, valued at $4.66 million, based on the session’s closing price of $150.23.For the week, Wood’s cumulative Tesla stock buys totaled 111,842 shares or $17.42 million.Tesla shares closed Friday’s session down 4.72% at $150.23.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9926014085,"gmtCreate":1671418873247,"gmtModify":1676538533287,"author":{"id":"4106387998711340","authorId":"4106387998711340","name":"JQC","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[OK]&nbsp;","listText":"[OK]&nbsp;","text":"[OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926014085","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9926019976,"gmtCreate":1671417631796,"gmtModify":1676538533003,"author":{"id":"3570004939267641","authorId":"3570004939267641","name":"Lord 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....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926019976","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928750174,"gmtCreate":1671409835299,"gmtModify":1676538530854,"author":{"id":"4101424154342900","authorId":"4101424154342900","name":"ericbqlee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"😀","listText":"😀","text":"😀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928750174","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928750364,"gmtCreate":1671409818659,"gmtModify":1676538530854,"author":{"id":"4115684828159522","authorId":"4115684828159522","name":"MLFL","avatar":"https://community-static.tradeup.com/news/1d7ab965a9728265436a2d2a8db471ce","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Good 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morning"}],"langContent":"EN"},{"id":9928728948,"gmtCreate":1671409198884,"gmtModify":1676538530689,"author":{"id":"4098683065538270","authorId":"4098683065538270","name":"noob80","avatar":"https://static.tigerbbs.com/b0612fb30d73184ddc36b7991090ce2d","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928728948","repostId":1103252656,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928765156,"gmtCreate":1671408451575,"gmtModify":1676538530509,"author":{"id":"3581460936275942","authorId":"3581460936275942","name":"iDunn0","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928765156","repostId":1103252656,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928763277,"gmtCreate":1671407911299,"gmtModify":1676538530381,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928763277","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928787833,"gmtCreate":1671407628923,"gmtModify":1676538530212,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1},"htmlText":"For the first time in a very long time, I have done the same thing as Cathie Wood. I still think Elon&nbsp;Musk has turned toxic&nbsp;for Tesla, but the company is a good one in a&nbsp;business which will continue to offer multiple growth.&nbsp; I am also banging of Musk to wise up. Or at lease&nbsp;get out of Tesla.....","listText":"For the first time in a very long time, I have done the same thing as Cathie Wood. I still think Elon&nbsp;Musk has turned toxic&nbsp;for Tesla, but the company is a good one in a&nbsp;business which will continue to offer multiple growth.&nbsp; I am also banging of Musk to wise up. Or at lease&nbsp;get out of Tesla.....","text":"For the first time in a very long time, I have done the same thing as Cathie Wood. I still think Elon Musk has turned toxic for Tesla, but the company is a good one in a business which will continue to offer multiple growth. I am also banging of Musk to wise up. Or at lease get out of Tesla.....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928787833","repostId":1103252656,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928782828,"gmtCreate":1671407376364,"gmtModify":1676538530134,"author":{"id":"3575125836760247","authorId":"3575125836760247","name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Loke","listText":"Loke","text":"Loke","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928782828","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9928783548,"gmtCreate":1671407106985,"gmtModify":1676538530035,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Good morning&nbsp;","listText":"Good morning&nbsp;","text":"Good morning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9928783548","repostId":1103252656,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105254228,"gmtCreate":1671409925380,"gmtModify":1671409938379,"authorId":3581840130059040,"author":{"id":3581840130059040,"authorId":3581840130059040,"name":"tungleh","avatar":"https://static.itradeup.com/news/e7cd8f0c265e9dabe49dea7b97ffe6b9","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9928783548,"type":1,"supId":0,"prevId":0,"content":"Good morning","text":"Good morning","html":"Good morning"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":135,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}