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Amidst the global outage causing a market plunge, "Wood Sister" boldly bought into CrowdStrike!
On Friday, Ark Invest purchased approximately $13.24 million worth of CrowdStrike stocks using its ARKW and ARKF ETFs.
ARK Invest made a big move in ETF! Cathie Wood increased shareholding of cybersecurity giant CrowdStrike (CRWD.US), while reducing shareholding of Tesla (TSLA.US) and Coinbase (COIN.US).
ARK invest purchased 38,595 shares of cybersecurity company CrowdStrike Holdings Inc through its ARKW and ARKF funds, with a total value of approximately 13.24 million US dollars.
Why Cathie Wood Is Betting On Small-Cap Stocks Triumphing Over 'Magnificent Six' Amid Restrictive Fed Policy
Cathie Wood, the CEO of ARK Invest, has predicted a potential shift in the equity market, favoring small-cap stocks over large-cap tech companies. This forecast is based on the current "restrictive"
Cathie Wood Sees Tesla Stock Surging Tenfold on Robotaxi Opportunity
Tesla Inc (NASDAQ:TSLA)'s focus on rolling out an autonomous taxi platform could see the electric vehicle maker’s stock price increase tenfold according to famed investor Cathie Wood.
What's Going On With Roku Shares Today?
Roku, Inc. (NASDAQ:ROKU) shares are trading higher on Friday.The company announced today that Louise Pentland will join the company as Senior Vice President and General Counsel, effective July 23.
Cathie Wood Touts Palantir, Coinbase And Roku As ARK's Flagship Fund Shifts Focus From Mag 6 Amid 'Whiff' Of Lower Interest Rates
In a recent letter to investors, Cathie Wood, the CEO of ARK Invest, highlighted the potential of the company's flagship fund, ARK Innovation ETF (NYSE:ARKK), despite its recent underperformance.
MomentumPython1337 : it's not going to end soon this small caps rally is a very good sign that the bull run is far from over
this kind of small caps rally outperforming the major indices SPY/QQQ only happens during absolute market bottoms.
historically, after a period of such a massive outperformance by IWM relative to SPY, the markets have tended to rally even more for several month to years.
you can look it up