Cathie Wood Buys SpaceX, Roblox, and Alamar Biosciences Shares

The Motley Fool··Read original
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Summary · why it matters

Cathie Wood, CEO and CIO of Ark Invest, purchased shares of Space Exploration, Roblox, and Alamar Biosciences on Monday, marking her only buys of the day. SpaceX, which recently went public, has seen its stock fall nearly a third from its peak but remains one of just seven U.S.-listed companies with a market cap above $2 trillion. Roblox shares dropped 8% on Tuesday and have lost more than half their value over the past year, despite reporting 132 million daily active users and 31 billion hours of engagement in the first quarter. Alamar Biosciences, a commercial-stage proteomics company that went public in April at $17 per share, nearly doubled its revenue to $26 million in its first quarterly report as a public company.

Impact on assets 4

Biotech & Genomic Medicine▲ · 1 stocks
Spatial Computing / AR/VR▲ · 1 stocks
Roblox Corp
RBLX
± Mixedrelevance

Cathie Wood bought shares, but stock dropped 8% on Tuesday and has lost over half its value in the past year; no fundamental news

Space Economy▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks
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