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Dpike
2023-09-21

Obviously spotted something else nine and shiny they wanted the money but did not want to devalue their remaining stock by talking it down.

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

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

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

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The sale was made through the flagship Ark Innovation ETF.Yesterday’s sale wa","content":"<html><head></head><body><p>On Wednesday, <strong>Cathie Wood</strong>-led Ark Invest continued its trend of offloading shares of <strong>Tesla Inc</strong>, marking the second consecutive day of significant sales.</p><p style=\"text-align: start;\">This move follows Tesla’s recent rally and ongoing discussions about the company’s potential in autonomous driving technology.</p><p style=\"text-align: start;\"><strong>The Tesla Trade:</strong> 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 <strong>Ark Innovation ETF</strong>.</p><p style=\"text-align: start;\">Yesterday’s sale was executed through the<strong> Innovation ETF</strong> 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.</p><p><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p><strong>Roblox Corp</strong>: Ark Invest purchased 526,046 shares through multiple ETFs.</p></li><li><p><strong>Teladoc Inc</strong>: Ark Invest bought a total of 351,042 shares across multiple ETFs.</p></li></ul><ul style=\"list-style-type: disc;\"><li><p><strong>DraftKings Inc</strong>: Ark Invest sold a total of 393,226 shares across multiple ETFs.</p></li><li><p><strong>Ginkgo Bioworks Holdings Inc</strong>: Ark Invest acquired a massive 2,170,433 shares through multiple ETFs.</p></li></ul></body></html>","source":"lsy1606299360108","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'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; 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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.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":116,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}