On Wednesday local time, "The Wood Lady" Cathie Wood's funds continued to buy electric auto manufacturers tesla and the cryptocurrency exchange Coinbase on dips.
Data shows that Cathie Wood's funds bought 75,000 shares of Tesla and 0.297 million shares of Coinbase on that day.
On Wednesday, Coinbase's stock price slightly rebounded by 3.8% to $40.19. Affected by FTX's collapse, Coinbase's stock price has fallen by 37% this quarter.
On the same day, Tesla's stock price closed down by 2.58%, falling below a market cap of $500 billion for the first time in over two years. Regulatory filings disclosed that Musk recently sold Tesla stocks, cashing out over $3 billion. On the same day, Tesla's stock price closed down by 2.58%, falling below a market cap of $500 billion for the first time in over two years. Regulatory filings disclosed that Musk recently sold Tesla stocks, cashing out over $3 billion.
Data shows that Cathie Wood's funds bought 75,000 shares of Tesla and 0.297 million shares of Coinbase on that day.
On Wednesday, Coinbase's stock price slightly rebounded by 3.8% to $40.19. Affected by FTX's collapse, Coinbase's stock price has fallen by 37% this quarter.
On the same day, Tesla's stock price closed down by 2.58%, falling below a market cap of $500 billion for the first time in over two years. Regulatory filings disclosed that Musk recently sold Tesla stocks, cashing out over $3 billion.