Will you follow Cathie Wood to buy Reddit?
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?
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- Azerone.Kee·2024-04-02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。1Report