Source:Tiger Brokers
Short summary of Ark trades for 5/26/2022
Ark invest has begun acquiring NVDA, which is trading near its one-year low. Is the $160-$170 pricing range the lowest that NVDA will go? Perhaps, perhaps not, although its current pricing is worth taking a look. On the other hand, Ark Invest has continue to acquire ROKU, which I have previously mentioned is a split consensus among Ark Invest redditors as to whether it is a good investment or not owing to people preferring streaming services such as Amazon, Netflix, and Disney.
Other significant sell are SEA Ltd and Spotify Technology. As mention previously , it's probably due to the low profitability and excessive competition? For instance, both YouTube and Apple Music are offered by Google and Apple as part of its bundles package , whereas Spotify only offer music as part of its service...