Cathie Wood Increases Positions in Alibaba and Baidu, Reduces Holdings in Palantir and Shopify
Deep News
Oct 20
ARK Invest, led by Cathie Wood, has made notable trades by increasing its positions in Alibaba (BABA) and Baidu (BIDU) while reducing its holdings in Palantir Technologies Inc. (PLTR) and Shopify. These adjustments reflect ARK's strategic repositioning in response to changing market conditions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.