Will you follow Cathie Wood to buy Reddit?

2024-04-02

On the first day of the $Reddit (RDDT)$ IPO, Cathie Wood's Ark Invest bought 10,000 shares, with 5,914 shares of Reddit purchased in the $ARK Next Generation Internet ETF(ARKW)$ fund and 4,068 shares in the $ARK Fintech Innovation ETF(ARKF)$

Since it was bought on the first day, Reddit's IPO price was $34 per share, the Thursday opening price was $47 per share. As of April 2nd, the closing price was $45.97 per share, and this batch of holdings may already be incurring losses.

So, if you had the chance to buy Ark at the bottom, would you buy it?

Reddit is Sinking! Will You Short the Meme Stock?

Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?

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.

Comments

Azerone.Kee
2024-04-02
Azerone.Kee
对我来说，样本量太小，无法进行分析，我不会碰运气，所以我会保持距离，直到有一天它可能会再次引起我的注意。

Leave a comment

114

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":290881991266408,"tweetId":"290881991266408","gmtCreate":1712024483572,"gmtModify":1712024599728,"author":{"id":4113023309293912,"idStr":"4113023309293912","authorId":4113023309293912,"authorIdStr":"4113023309293912","name":"JacksNiffler","avatar":"https://community-static.tradeup.com/news/725d6b9ccfa2d33fef0434c9af5668e2","vip":2,"userType":2,"introduction":"8 years Analyst of high-quality U.S. &HKEX stocks.","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1065,"starInvestorFlag":false},"themes":[{"themeId":"7a9bed197d0340ecbdbb3000a530573c","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Reddit is Sinking! Will You Short the Meme Stock?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":7a9bed197d0340ecbdbb3000a530573c}&rnconfig={\"headerBarHidden\": true}","description":"Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday.\n------------\nIs Reddit with insider selloff and short-sellers' move?\nWhat's your target price for Reddit?","image":"https://community-static.tradeup.com/news/03aeb45c337ec81083007957d9b066a3"}],"images":[{"img":"https://static.tigerbbs.com/0f54f720069fab4137eb90289c79199a","width":"1768","height":"699"}],"coverImages":[{"img":"https://static.tigerbbs.com/0f54f720069fab4137eb90289c79199a","width":"1768","height":"699"}],"title":"Will you follow Cathie Wood to buy Reddit?","html":"<html><head></head><body>On the first day of the <a href=\"https://ttm.financial/S/RDDT\">$Reddit (RDDT)$</a> IPO, Cathie Wood's Ark Invest bought 10,000 shares, with 5,914 shares of Reddit purchased in the <a data-mention-id=\"ARKW\" class=\"teditor-mention\" data-mention-name=\"ARK Next Generation Internet ETF\" href=\"https://ttm.financial/S/ARKW\">$ARK Next Generation Internet ETF(ARKW)$</a> fund and 4,068 shares in the <a data-mention-id=\"ARKF\" class=\"teditor-mention\" data-mention-name=\"ARK Fintech Innovation ETF\" href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a> Since it was bought on the first day, Reddit's IPO price was $34 per share, the Thursday opening price was $47 per share. As of April 2nd, the closing price was $45.97 per share, and this batch of holdings may already be incurring losses. <img src=\"https://static.tigerbbs.com/0f54f720069fab4137eb90289c79199a\" tg-width=\"1768\" tg-height=\"699\">So, if you had the chance to buy Ark at the bottom, would you buy it?</body></html>","htmlText":"<html><head></head><body>On the first day of the <a href=\"https://ttm.financial/S/RDDT\">$Reddit (RDDT)$</a> IPO, Cathie Wood's Ark Invest bought 10,000 shares, with 5,914 shares of Reddit purchased in the <a data-mention-id=\"ARKW\" class=\"teditor-mention\" data-mention-name=\"ARK Next Generation Internet ETF\" href=\"https://ttm.financial/S/ARKW\">$ARK Next Generation Internet ETF(ARKW)$</a> fund and 4,068 shares in the <a data-mention-id=\"ARKF\" class=\"teditor-mention\" data-mention-name=\"ARK Fintech Innovation ETF\" href=\"https://ttm.financial/S/ARKF\">$ARK Fintech Innovation ETF(ARKF)$</a> Since it was bought on the first day, Reddit's IPO price was $34 per share, the Thursday opening price was $47 per share. As of April 2nd, the closing price was $45.97 per share, and this batch of holdings may already be incurring losses. <img src=\"https://static.tigerbbs.com/0f54f720069fab4137eb90289c79199a\" tg-width=\"1768\" tg-height=\"699\">So, if you had the chance to buy Ark at the bottom, would you buy it?</body></html>","text":"On the first day of the $Reddit (RDDT)$ IPO, Cathie Wood's Ark Invest bought 10,000 shares, with 5,914 shares of Reddit purchased in the $ARK Next Generation Internet ETF(ARKW)$ fund and 4,068 shares in the $ARK Fintech Innovation ETF(ARKF)$ Since it was bought on the first day, Reddit's IPO price was $34 per share, the Thursday opening price was $47 per share. As of April 2nd, the closing price was $45.97 per share, and this batch of holdings may already be incurring losses. So, if you had the chance to buy Ark at the bottom, would you buy it?","highlighted":1,"essential":1,"paper":2,"likeSize":114,"commentSize":1,"repostSize":13,"favoriteSize":0,"link":"https://ttm.financial/post/290881991266408","repostId":0,"isVote":1,"tweetType":1,"viewCount":5832,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["ARKF","ARKW","RDDT"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":452,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":290818980331656,"commentId":"290818980331656","gmtCreate":1712026746778,"gmtModify":1712026751645,"authorId":4101545765383330,"author":{"id":4101545765383330,"idStr":"4101545765383330","authorId":4101545765383330,"name":"Azerone.Kee","avatar":"https://community-static.tradeup.com/news/d39387dc5f4bc64e4716bd64e398a9e2","vip":1,"currentWearingBadge":{"badgeId":"29815c1501c442c58b708482689df577-1","templateUuid":"29815c1501c442c58b708482689df577","name":"新晋创作者","description":"首次获得精华帖的创作者","bigImgUrl":"https://static.tigerbbs.com/4ce9180a952c61a51c39f70d533b81a7","smallImgUrl":"https://static.tigerbbs.com/f98cf16cf4b858114f7ab9a779f9e6f1","redirectLinkEnabled":0,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.15","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2005},"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":290881991266408,"objectIdStr":"290881991266408","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"对我来说，样本量太小，无法进行分析，我不会碰运气，所以我会保持距离，直到有一天它可能会再次引起我的注意。","text":"对我来说，样本量太小，无法进行分析，我不会碰运气，所以我会保持距离，直到有一天它可能会再次引起我的注意。","html":"对我来说，样本量太小，无法进行分析，我不会碰运气，所以我会保持距离，直到有一天它可能会再次引起我的注意。","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/290881991266408"}