Cathie Wood’s ARK Invest Bought Teladoc and Palantir Stock. Here’s What It Sold

Barron's2021-05-25

Cathie Wood’s ARK Investment Management made some big changes in its overall investment portfolio in the first quarter. ARK Investment nearly doubled its stake inTeladoc Health(ticker: TDOC), and ...

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Comments

BenjaminLim
2021-05-26
BenjaminLim
Potential Growth!
Ianer
2021-05-25
Ianer
Disruptive tech will see huge opporunity for the nxt decades.
LeeWan
2021-05-25
LeeWan
Pls comment
Stormriders28
2021-05-25
Stormriders28
Please like and comment thanks!
- MochiMama:
  ok
HoldTheDoor
2021-05-25
HoldTheDoor
Nice
- HoldTheDoor:
  done
- HoldTheDoor:
  done
- LeeWan:
  Pls comment
- HoldTheDoor:
  done
koolgal
2021-05-25
koolgal
Cathie Wood has garnered lots of attention on her Ark investment portfolio. Please like and comment. Thanks

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Here’s What It Sold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/cathie-woods-ark-invest-bought-teledoc-palantir-stock-sold-apple-51621459635?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood’s ARK Investment Management made some big changes in its overall investment portfolio in the first quarter.\nARK Investment nearly doubled its stake inTeladoc Health(ticker: TDOC), and ...</p>\n\n<a href=\"https://www.barrons.com/articles/cathie-woods-ark-invest-bought-teledoc-palantir-stock-sold-apple-51621459635?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TDOC","symbol_name":"Teladoc Health Inc.","start_time":0,"source_url":"https://www.barrons.com/articles/cathie-woods-ark-invest-bought-teledoc-palantir-stock-sold-apple-51621459635?siteid=yhoof2","article_id":"1154795807","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154795807","pubTimestamp":1621909575,"columns":[],"sourceInfo":{"source_id":"lsy1610680873436","name":"Barron's"},"weMediaInfo":null,"summary":"Cathie Wood’s ARK Investment Management made some big changes in its overall investment portfolio in","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TDOC":"Teladoc Health Inc.","PLTR":"Palantir Technologies Inc."},"translate_title":"Cathie Wood的方舟投资公司购买了Teladoc和Palantir的股票。这是它卖的东西","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLTR":0.9,"TDOC":0.9},"content_text":"Cathie Wood’s ARK Investment Management made some big changes in its overall investment portfolio in the first quarter.\nARK Investment nearly doubled its stake inTeladoc Health(ticker: TDOC), and drastically increased its stake inPalantir Technologies(PLTR) stock. 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Shares slid 9.1% in the first quarter, and so far in the second it has slid 22.7%, while theS&P 500 indexrose 5.8% in the first quarter, and is up 4.6% so far in the second.\nTeladoc stocksoared last yearas the Covid-19 pandemic made in-person doctor visits nearly impossible. But shares have slipped in recent months as investors look for reopening opportunities. Teladoc reporteda disappointing first quarterin late April.Shares were also pressuredafterAmazon.com(AMZN) announced initiatives that could step on Teladoc’s toes.\nARK Investment bought 17.3 million more Palantir shares to end March with 18.6 million shares of the cloud company.\nPalantir stock slipped 1% in the first quarter, and over April and May so far, it has lost 11.0%.\nPalantir’sfirst-quarter reportearlier this month topped expectations, but shares tumbled because there were concerns about the company’sgrowth rate and stock valuation. The latest digital transformationhasn’t been kind latelyto Palantir stock and its peers.\nWe noted that Wood’sARK Next Generation internetETF (ARKW)snapped up Roblox stockin early March after the shares of the videogame platform went public througha direct listing. As of March 31, ARK Investment’s overall position stood at 516,877 shares.\nRoblox stock has gained 27.3% so far in the second quarter. First-quarter earnings, reported earlier this month,were strong, and Roblox CEO David Baszucki sees “massive” opportunity for the company.\nARK Investment sold 320,861 Apple shares to end the first quarter with overall ownership of 594,039 shares of the iPhone maker.\nApple stock fell 8% in the first quarter, and since then it has gained 2.7%.\nApple reportedstrong March quarter earnings, but shares slid on concerns over continued growth. Earlier this year, much of Wall Street was coming to terms with a rumor Apple wasworking on a car. Now, at least one observer sees Apple launchinga foldable phone. Last week, Apple CEO Tim Cook defended the company’s app-review processin court.\nCorrections & amplifications: ARK Investment now owns 18.6 million shares of Palantir. An earlier version of this article incorrectly said ARK now owns 13.1 million shares. Also, Teladoc stock’s ticker is TDOC. An earlier version of this article incorrectly said it was TLDC.\nInside Scoop is a regular Barron’s feature covering stock transactions by corporate executives and board members—so-called insiders—as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":136144897,"gmtCreate":1622002011019,"gmtModify":1704365859756,"author":{"id":"3579559931886389","authorId":"3579559931886389","name":"BenjaminLim","avatar":"https://static.tigerbbs.com/3b348c88c33a00e1c4591cb863b5ee10","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3579559931886389","authorIdStr":"3579559931886389"},"htmlText":"Potential Growth!","listText":"Potential Growth!","text":"Potential Growth!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136144897","repostId":1154795807,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":138892206,"gmtCreate":1621923633905,"gmtModify":1704364520826,"author":{"id":"3582704169214897","authorId":"3582704169214897","name":"Ianer","avatar":"https://static.tigerbbs.com/6dfad3c43fd6d82b6a4f7c429853f818","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582704169214897","authorIdStr":"3582704169214897"},"htmlText":"Disruptive tech will see huge opporunity for the nxt decades.","listText":"Disruptive tech will see huge opporunity for the nxt decades.","text":"Disruptive tech will see huge opporunity for the nxt 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thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/138327482","repostId":1154795807,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4439933,"gmtCreate":1621912116500,"gmtModify":1680790799082,"authorId":3579166997546108,"author":{"id":3579166997546108,"idStr":"3579166997546108","authorId":3579166997546108,"name":"MochiMama","avatar":"https://static.tigerbbs.com/b02cba851ffc5d8be520010c7a579eb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":138327482,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":138329658,"gmtCreate":1621911436174,"gmtModify":1704364306511,"author":{"id":"3580469278772937","authorId":"3580469278772937","name":"HoldTheDoor","avatar":"https://static.tigerbbs.com/635db0f1af7cd6ef4ce184b75309a7b0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580469278772937","authorIdStr":"3580469278772937"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/138329658","repostId":1154795807,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4468641,"gmtCreate":1622101171891,"gmtModify":1680791302222,"authorId":3580469278772937,"author":{"id":3580469278772937,"idStr":"3580469278772937","authorId":3580469278772937,"name":"HoldTheDoor","avatar":"https://static.tigerbbs.com/635db0f1af7cd6ef4ce184b75309a7b0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":138329658,"type":1,"supId":4441274,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":4443274,"gmtCreate":1621936801922,"gmtModify":1680790854159,"authorId":3580469278772937,"author":{"id":3580469278772937,"idStr":"3580469278772937","authorId":3580469278772937,"name":"HoldTheDoor","avatar":"https://static.tigerbbs.com/635db0f1af7cd6ef4ce184b75309a7b0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":138329658,"type":1,"supId":4441274,"prevId":0,"content":"done","text":"done","html":"done"},{"id":4441274,"gmtCreate":1621920291479,"gmtModify":1680790816271,"authorId":3558097748623340,"author":{"id":3558097748623340,"idStr":"3558097748623340","authorId":3558097748623340,"name":"LeeWan","avatar":"https://static.tigerbbs.com/88769849d29a340fce73355c249755a4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":138329658,"type":1,"supId":0,"prevId":0,"content":"Pls 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investment portfolio.&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","listText":"Cathie Wood has garnered lots of attention on her Ark investment portfolio.&nbsp; Please like and comment.&nbsp; Thanks&nbsp;","text":"Cathie Wood has garnered lots of attention on her Ark investment portfolio. 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