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Stock impact report

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought [Yahoo! Finance]

Blade Air Mobility, Inc. - Class A (BLDE) 
Company Research Source: Yahoo! Finance
growth exchange-traded funds losing to the market for the third time in four years in 2024. Can she get back on track? She is certainly not standing still. Ark Invest made plenty of moves on Tuesday, adding to nine of her existing positions. Roku (NASDAQ: ROKU) Blade Air Mobility (NASDAQ: BLDE) , and PagerDuty (NYSE: PD) are some of the names on that shopping list. Let's take a closer look. 1. Roku It's not just Roku's 81.6 million households that are binge viewing on Roku. Wood has added to her position for four consecutive trading days. Is "binge investing" a thing? Ark Invest now owns more than 9% of Roku's total shares outstanding. Like many of the stocks that propelled Wood's funds to market-thumping returns in 2000 and then again in 2023, Roku was a rock star last year. Shares of the streaming video platform more than doubled. This year has been anything but a welcome rerun. Roku has tumbled 40% in 2024, a laggard that's buffering in an otherwise buoyant market. Roku i Show less Read more
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