Cathie Wood Sells $21M In PayPal Amid Stock Crash

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Cathie Wood Sells $21M In PayPal Amid Stock Crash

Benzinga2022-02-03

Cathie Wood-led Ark Investment Management on Wednesday rushed to cut most of its exposure in Paypal Holdings Inc after the fintech company abandoned an ambitious growth plan that it put in place last ...

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Comment（106）

MIe
·2022-02-04
Market sentiments fears over earnings, rate hikes
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2
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D.Billions
·2022-02-04
Whichever counters Cattie Woods buying, please avoid at all costs.
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4
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D.Billions
·2022-02-04
What kind of investment strategy is this, Auntie Cattie are buying high and selling low again? She bought Block (aka Square) and it plummeted immediately even before earnings?
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3
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SL1977
·2022-02-03
she not wise
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1
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13dd9967
·2022-02-03
Sell first. Thank me later.
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1
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Benjean
·2022-02-03
Steady....no fear
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1
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ykang
·2022-02-03
[What]
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2
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RobinChanKH
·2022-02-03
Why sell? Buy the dip, just like buy the dip for her ETFs...
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5
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DJBoy
·2022-02-03
Just bet opposite of cathie...
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6
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BettyT
·2022-02-03
That's why Paypal shares plunged!
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5
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Handoko
·2022-02-03
👌🏻
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5
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Ollivander
·2022-02-03
Wow
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3
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ALearner
·2022-02-03
My god
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3
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Keatchong
·2022-02-03
Ok
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3
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LunaticETF
·2022-02-03
Oh yes, sark went up [Facepalm]
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1
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JediTrader
·2022-02-03
cathie maybe shorting these stock behind our back, no body KNOWS
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4
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JediTrader
·2022-02-03
cathie wood 🤦🏻‍♂️
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LixNg
·2022-02-03
👍🏻
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JayNayHayDay
·2022-02-03
Ohwell
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AmitS
·2022-02-03
Cool
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No other Ark Invest ETF owns shares in Paypal.The popular asset management firm held 161,778 shares — worth $28.44 million—  in Paypal, prior to Wednesday’s trade.The latest share sale indicates Ark Invest now owns just about 3,000 shares in Paypal.PayPal said it no longer expects to achieve 750 million active accounts by 2025, abandoning a goal that contributed to a jump in spending last year on sales campaigns.Paypal reported quarterly earnings of $1.11 per share, which came in below the $1.12 estimate. 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The stock shares closed 4.2% lower at $36.5 a share on Wednesday.Bought 19,038 shares — estimated to be worth $3.56 million — in $Coinbase Global Inc.(COIN)$ Shares closed 5.24% lower at $187.37 a share.","kind":null,"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":9091570571,"gmtCreate":1643909866131,"gmtModify":1676533870447,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Market sentiments fears over earnings, rate hikes&nbsp;","listText":"Market sentiments fears over earnings, rate hikes&nbsp;","text":"Market sentiments fears over earnings, rate hikes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091570571","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091549642,"gmtCreate":1643905649770,"gmtModify":1676533870247,"author":{"id":"4091284840222960","authorId":"4091284840222960","name":"D.Billions","avatar":"https://static.tigerbbs.com/29001ed73c58d3156d6a33fa7525ca72","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4091284840222960","authorIdStr":"4091284840222960"},"htmlText":"Whichever counters Cattie Woods buying, please avoid at all costs.","listText":"Whichever counters Cattie Woods buying, please avoid at all costs.","text":"Whichever counters Cattie Woods buying, please avoid at all costs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091549642","repostId":1163532013,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091540507,"gmtCreate":1643905490621,"gmtModify":1676533870232,"author":{"id":"4091284840222960","authorId":"4091284840222960","name":"D.Billions","avatar":"https://static.tigerbbs.com/29001ed73c58d3156d6a33fa7525ca72","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4091284840222960","authorIdStr":"4091284840222960"},"htmlText":"What kind of investment&nbsp;strategy is this, Auntie Cattie are buying high and&nbsp;selling&nbsp;low again? She bought Block (aka Square) and it&nbsp;plummeted immediately even before earnings?","listText":"What kind of investment&nbsp;strategy is this, Auntie Cattie are buying high and&nbsp;selling&nbsp;low again? She bought Block (aka Square) and it&nbsp;plummeted immediately even before earnings?","text":"What kind of investment strategy is this, Auntie Cattie are buying high and selling low again? She bought Block (aka Square) and it plummeted immediately even before earnings?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091540507","repostId":1163532013,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091567679,"gmtCreate":1643901611241,"gmtModify":1676533869689,"author":{"id":"3577882033944507","authorId":"3577882033944507","name":"SL1977","avatar":"https://static.tigerbbs.com/846343ca761b93618fb0332b00e58af9","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3577882033944507","authorIdStr":"3577882033944507"},"htmlText":"she not wise&nbsp;","listText":"she not wise&nbsp;","text":"she not wise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091567679","repostId":1163532013,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091563734,"gmtCreate":1643900784555,"gmtModify":1676533869523,"author":{"id":"4103330401804700","authorId":"4103330401804700","name":"13dd9967","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4103330401804700","authorIdStr":"4103330401804700"},"htmlText":"Sell first. Thank me later.","listText":"Sell first. Thank me later.","text":"Sell first. Thank me later.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091563734","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091533042,"gmtCreate":1643896082168,"gmtModify":1676533868724,"author":{"id":"3579343697014515","authorId":"3579343697014515","name":"Benjean","avatar":"https://community-static.tradeup.com/news/22d4af8e6b3c8979779451d0782b9069","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3579343697014515","authorIdStr":"3579343697014515"},"htmlText":"Steady....no fear","listText":"Steady....no fear","text":"Steady....no fear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091533042","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091273614,"gmtCreate":1643887894580,"gmtModify":1676533867935,"author":{"id":"3574210732047776","authorId":"3574210732047776","name":"ykang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":0,"idStr":"3574210732047776","authorIdStr":"3574210732047776"},"htmlText":"[What]&nbsp;","listText":"[What]&nbsp;","text":"[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091273614","repostId":1163532013,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091251489,"gmtCreate":1643881275749,"gmtModify":1676533867424,"author":{"id":"3585125163446793","authorId":"3585125163446793","name":"RobinChanKH","avatar":"https://community-static.tradeup.com/news/6a29bc2ef443d458e3076e29dd8d5455","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":4,"crmLevelSwitch":1,"idStr":"3585125163446793","authorIdStr":"3585125163446793"},"htmlText":"Why sell? Buy the dip, just like buy the dip for her ETFs...&nbsp;","listText":"Why sell? Buy the dip, just like buy the dip for her ETFs...&nbsp;","text":"Why sell? Buy the dip, just like buy the dip for her ETFs...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091251489","repostId":1163532013,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091222070,"gmtCreate":1643880098326,"gmtModify":1676533867236,"author":{"id":"3578917676674127","authorId":"3578917676674127","name":"DJBoy","avatar":"https://static.tigerbbs.com/e89ddb65fea14052b67a417c63273930","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3578917676674127","authorIdStr":"3578917676674127"},"htmlText":"Just bet opposite of cathie...","listText":"Just bet opposite of cathie...","text":"Just bet opposite of cathie...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091222070","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091262571,"gmtCreate":1643878462312,"gmtModify":1676533866851,"author":{"id":"3580536610076415","authorId":"3580536610076415","name":"BettyT","avatar":"https://static.tigerbbs.com/6a4dfe2f455acd2af7629f83ce30e20c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3580536610076415","authorIdStr":"3580536610076415"},"htmlText":"That's why Paypal shares plunged!&nbsp;","listText":"That's why Paypal shares plunged!&nbsp;","text":"That's why Paypal shares plunged!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091262571","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091260652,"gmtCreate":1643876923091,"gmtModify":1676533866696,"author":{"id":"4099864714926520","authorId":"4099864714926520","name":"Handoko","avatar":"https://static.tigerbbs.com/9890fec8f477f8bc166d5453e7ce66f8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"idStr":"4099864714926520","authorIdStr":"4099864714926520"},"htmlText":"👌🏻","listText":"👌🏻","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091260652","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091286665,"gmtCreate":1643874852927,"gmtModify":1676533866571,"author":{"id":"4106911972821760","authorId":"4106911972821760","name":"Ollivander","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4106911972821760","authorIdStr":"4106911972821760"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9091286665","repostId":1163532013,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9091283712,"gmtCreate":1643873721586,"gmtModify":1676533866514,"author":{"id":"3581627611317712","authorId":"3581627611317712","name":"ALearner","avatar":"https://static.tigerbbs.com/dd4e09038044887c08337f0d263b9446","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581627611317712","authorIdStr":"3581627611317712"},"htmlText":"My god","listText":"My god","text":"My 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