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Hey moomooers,
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
Here is the latest Market Recap for you.
All three major averages notched record closes on Friday, rebounding from the previous session’s losses over concerns of a slowdown in global economic growth.
Stocks to watch: $JPMorgan (JPM.US)$, $Goldman Sachs (GS.US)$, $Bank of America (BAC.US)$. $American Airlines (AAL.US)$, $Norwegian Cruise (NCLH.US)$, etc.
Market Snapshot
242
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[ARK Daily Tracking] Chasing the Rise! It added nearly 600,000 shares of Tencent and also bought Baidu and JD
ARK's key deals on Wednesday were:
Significantly increase holdings in China Securities! Baidu, JD, and Tencent were all guests
Increased holdings of Tencent Holdings (ADR) by 565,000 shares, spending up to 50 million US dollars;
It added 39,600 shares of Baidu and spent about 10 million US dollars;
It added 83,600 shares of JD and spent about 8 million US dollars;
The holdings of Tesla were slightly reduced by about 10,000 shares, and the holdings of Iridium Communications and Workhorse Group were drastically reduced by two individual shares.
Figure 2 shows the positions of ARK's funds in Tencent Holdings (ADR) in the past 60 days;
Figure 3 shows ARK's fund frequently increasing its Baidu holdings in recent days.
ARK's key deals on Wednesday were:
Significantly increase holdings in China Securities! Baidu, JD, and Tencent were all guests
Increased holdings of Tencent Holdings (ADR) by 565,000 shares, spending up to 50 million US dollars;
It added 39,600 shares of Baidu and spent about 10 million US dollars;
It added 83,600 shares of JD and spent about 8 million US dollars;
The holdings of Tesla were slightly reduced by about 10,000 shares, and the holdings of Iridium Communications and Workhorse Group were drastically reduced by two individual shares.
Figure 2 shows the positions of ARK's funds in Tencent Holdings (ADR) in the past 60 days;
Figure 3 shows ARK's fund frequently increasing its Baidu holdings in recent days.
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