Adding Jet Fuel to the fire...
seekingalpha.com
Cathie Wood's ARK Investment buys another 1.13M shares of Butterfly Network
Apr. 06, 2023 2:33 PM ET Butterfly Network, Inc. (BFLY)By: Pranav Ghumatkar, SA News Editor 13 Comments
Cathie Wood’s Ark Investment Management fund loaded another 1.13M shares of Butterfly Network (NYSE: BFLY) on April 5, after adding 2.61M shares on April 4, 2023.Shares have rallied over 21% on Tuesday, April 4, after the company announced it received 510(k) clearance for an AI-enabled Auto B-line Counter.Shares are currently trading 11% higher to $2.29.
Comments (13)
Sort byNewest
Share your comment:
Publish
Have a tip? Submit confidentially to our News team. Found a factual error? Report here.
A
Amenecker
Today, 4:52 PM
Premium
Comments (76)
|
+ Follow
Feel like an idiot when BFLY hit 27 and I didn’t sell a share…as far as ARKK… nothing to crow about when your down 60+%
ReplyLike
Diesel
Today, 2:50 PM
Analyst
Comments (23.01K)
|
+ Follow
ARKK is up nicely this year.
ReplyLike
Illuminati Investments
Today, 3:09 PM
Comments (21.23K)
|
+ Follow
@Diesel Up 25% this year doesn't help much when they were down 68% last year.
ReplyLike(3)
bluescorpion0
Today, 5:14 PM
Comments (19.23K)
|
+ Follow
flat for 5-6 years and probably flat for the decade. Does making no return for a decade strike anyone as a waste of time and a jeopardy to one's retirement? Investors are just contributing to Cathie's retirement!! Let's see her return 1 decade of fees for non-performance. Will never happen! I think even Ackman returned some fees or offered free services until the fund 'caught up'. Where is Cathie's integrity??
ReplyLike
Damon Judd
Today, 2:35 PM
Analyst Premium
Comments (3.67K)
|
+ Follow
Well if its AI-enabled it must be good.
ReplyLike(3)
Chris DeMuth Jr.
Today, 2:37 PM
Investing Groups Leader Premium
Comments (24.49K)
|
+ Follow
@Damon Judd ARK has done quite well this past quarter both in P&L and in fund flows; more on the exciting AI-enabled future seekingalpha.com/...
ReplyLike(1)
YourHuckleberry
Today, 2:57 PM
Comments (995)
|
+ Follow
@Chris DeMuth Jr. I sold out of ARKK in November 2021 when it hit my target of 125. (bought the dip at 110) So forgive me if I'm not impressed by a move back up to 38.
I do give them credit though. Losing 80% of an ETF's value in about a year IS quite an impressive feat.
ReplyLike(2)
Chris DeMuth Jr.
Today, 3:00 PM
Investing Groups Leader Premium
Comments (24.49K)
|
+ Follow
@YourHuckleberry forgiven.
ReplyLike(2)
YourHuckleberry
Today, 3:06 PM
Comments (995)
|
+ Follow
@Chris DeMuth Jr. Nice!
If only it was that easy with my girlfriend.
Cheers!
ReplyLike(2)
Chris DeMuth Jr.
Today, 3:07 PM
Investing Groups Leader Premium
Comments (24.49K)
|
+ Follow
@YourHuckleberry Ha! If you have a sec, read the above link to my piece on $ ARKK.
ReplyLike(1)
YourHuckleberry
Today, 3:14 PM
Comments (995)
|
+ Follow
@Chris DeMuth Jr. Will do. Thanks.
To be fair, the only reason I bought ARKK in the first place was because I took the advice "buy the dip" literally.
Okay, I'm done with the Dad jokes.
Cheers!
ReplyLike(1)
Chris DeMuth Jr.
Today, 3:17 PM
Investing Groups Leader Premium
Comments (24.49K)
|
+ Follow
@YourHuckleberry glad it worked out.
ReplyLike
A
AndreP
Today, 3:31 PM
Comments (3.28K)
|
+ Follow
@Chris DeMuth Jr. I just did. Thanks for saving me the trouble of getting excited about this lady buying my SPAC mistake long ago.
ReplyLike(1)
Add A Comment |
