Tag Archives: dumps

Cathie Wood’s Ark Dumps 3.9 Million Zillow Shares

(Bloomberg) — Cathie Wood’s exchange-traded funds sold 3.9 million shares in Zillow Group Inc. on Wednesday as the stock’s rout deepened — a day after buying 288,813 of the securities. Most Read from Bloomberg The stake offloaded was about $255 million, assuming Wednesday’s closing price. That’s about 10 times the value of the shares purchased on Tuesday, when Seattle-based Zillow pulled the plug on its tech-powered home-flipping operation. Zillow’s stock has suffered as investors… Source link

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Warren Buffett dumps all his Costco stock — 3 reasons why that is a big surprise

TipRanks 3 “Strong Buy” Stocks Insiders Are Snapping Up President John Kennedy famously said, once, “A rising tide lifts all boats,” and this is true in the stock markets, too. We’re in the midst, now, of just such a rising tide – at least for the short term. The main indexes, the Dow, the S&P, and the NASDAQ, are all up between 9% and 12.5% this month, and the trends are positive. The recent election, making clear the prospect of a divided government unlikely to pass radical… Source link

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