Cathie Wood's ARK Invest Bought $53M of Nvidia Stock After Earnings
7 Articles
7 Articles
Cathie Wood Snaps Up $53M in Nvidia (NVDA) Stock Following Earnings Selloff
Cathie Wood's ARK Invest purchased $53M in Nvidia (NVDA) stock after a post-earnings dip. Analysts raised targets to $320 following 70% growth guidance. The post Cathie Wood Snaps Up $53M in Nvidia (NVDA) Stock Following Earnings Selloff appeared first on Blockonomi.
ARK Invest purchased 243,707 shares of Nvidia for approximately $55.6 million after the reversal of its securities, while reducing its position in AMD.
Nvidia (NVDA) Stock: Cathie Wood Buys $53 Million After Post-Earnings Dip
TLDR Cathie Wood’s ARK Invest bought 243,707 Nvidia (NVDA) stock units on August 28, valued at roughly $53 million, after the stock dropped 4.5% post-earnings. Nvidia reported Q2 adjusted EPS of $2.22 vs. $2.10 estimate, with revenue of $96.22 billion beating the $92.17 billion forecast. CFO...
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