A-To The Moon - Tiger Brokers Online Investing Community

1
Comment
Favorite

rachellll
2022-07-21

Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings

Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarte

Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings

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.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9074450050,"tweetId":"9074450050","gmtCreate":1658396751770,"gmtModify":1676536152705,"author":{"id":3586435391928672,"idStr":"3586435391928672","authorId":3586435391928672,"authorIdStr":"3586435391928672","name":"rachellll","avatar":"https://static.tigerbbs.com/7855a29f75174783f11b5102e8a7c8ba","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":32,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>A</p></body></html>","htmlText":"<html><head></head><body><p>A</p></body></html>","text":"A","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9074450050","repostId":1146295813,"repostType":4,"repost":{"id":"1146295813","kind":"news","pubTimestamp":1658392887,"share":"https://www.laohu8.com/m/news/1146295813?lang=&edition=full","pubTime":"2022-07-21 16:41","market":"us","language":"en","title":"Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1146295813","media":"Bloomberg","summary":"Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarte","content":"<html><head></head><body><ul><li>Ark has sold 536,000 Komatsu ADRs and 213,300 shares this week</li><li>Komatsu will announce its first-quarter results on July 29</li></ul><p>Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.</p><p>The Ark Autonomous Technology &amp; Robotics ETF offloaded a total of 536,000 American depositary receipts in Komatsu over the three days through Wednesday, while the Ark Space Exploration &amp; Innovation ETF sold 213,300 Tokyo-listed shares of the company, according to data from Wood’s firm compiled by Bloomberg.</p><p>The selling puts Ark on track for its biggest month-on-month sale of Komatsu ADRs in a year and a record monthly drop in its holdings of the Japanese stock.</p><p><img src=\"https://static.tigerbbs.com/caefce6c3eb1fb30b1f8582fae1517f5\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Komatsu shares have fallen 16% from a four-year high in June, as tailwinds from the surge in commodity prices earlier this year have died down. The Caterpillar Inc. peer will announce its first-quarter results on July 29.</p><p>Ark Investment Management LLC has lost almost half of its assets under management since December, and its flagship Ark Innovation ETF has plunged nearly 50% in 2022 amid concerns that global monetary tightening will cap growth stock valuations and tip the economy into a recession. Wood is now closing one of her exchange-traded funds for thefirst timeever.</p><p>Wood’s firm held more than 2.7 million depositary receipts and more than 800,000 Tokyo-listed shares of Komatsu as of end-June, according to Bloomberg-compiled data.</p></body></html>","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’s Ark Funds Offload Komatsu Shares Before Earnings</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 Funds Offload Komatsu Shares Before Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarter results on July 29Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium\">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","KMTUF":"Komatsu Ltd.","KMTUY":"Komatsu Ltd."},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146295813","content_text":"Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarter results on July 29Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.The Ark Autonomous Technology & Robotics ETF offloaded a total of 536,000 American depositary receipts in Komatsu over the three days through Wednesday, while the Ark Space Exploration & Innovation ETF sold 213,300 Tokyo-listed shares of the company, according to data from Wood’s firm compiled by Bloomberg.The selling puts Ark on track for its biggest month-on-month sale of Komatsu ADRs in a year and a record monthly drop in its holdings of the Japanese stock.Komatsu shares have fallen 16% from a four-year high in June, as tailwinds from the surge in commodity prices earlier this year have died down. The Caterpillar Inc. peer will announce its first-quarter results on July 29.Ark Investment Management LLC has lost almost half of its assets under management since December, and its flagship Ark Innovation ETF has plunged nearly 50% in 2022 amid concerns that global monetary tightening will cap growth stock valuations and tip the economy into a recession. Wood is now closing one of her exchange-traded funds for thefirst timeever.Wood’s firm held more than 2.7 million depositary receipts and more than 800,000 Tokyo-listed shares of Komatsu as of end-June, according to Bloomberg-compiled data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"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":1,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}