Cathie Wooden’s Ark Make investments funds purchased over 1.3 million shares of Twitter amid the inventory’s sell-off
Crystal Mercedes | CNBC
Star fund supervisor Cathie Wooden considerably elevated her shares of Twitter on Friday, shopping for right into a steep decline for the social media inventory.
Twitter’s inventory value dropped greater than 15% on Friday for its fifth-straight day of declines. On Thursday night, the corporate reported slower-than-expected person progress for the primary quarter and mushy income steerage for the second quarter.
Key inflation indicator up 3.5% year over year in June vs. 3.6% estimate
An inflation indicator that the Federal reserve uses as its key guide rose 3.5% in June, a sharp acceleration that…
AbbVie raises annual profit forecast as Botox demand rebounds By Reuters
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