Cathie Wood Buys $22.8 Million of Nvidia Stock, Ark Invest Dumps AMD and Palantir Shares
benzinga_article·- Ark Invest purchased approximately 22.8 million dollars worth of Nvidia stock across multiple exchange-traded funds. - The firm simultaneously sold shares of Advanced Micro Devices and Palantir Technologies valued at roughly 13.1 million dollars and 3.8 million dollars respectively. - These portfolio adjustments reflect ongoing reallocations within Ark Invest's exchange-traded funds focusing on artificial intelligence and technology sectors.Cerus Corporation (NASDAQ:CERS) Short Interest Down 35.3% in June
Market Beat·- Cerus Corporation experienced a significant decline in short interest, falling 35.3% to 12,738,396 shares by June 30th. - The stock is rated Hold with a price target of $4.00, and analysts expect a -0.02 earnings per share for the current fiscal year. - Recent insider sales and institutional investment trends reveal varied confidence in the company as it focuses on enhancing blood transfusion safety through its INTERCEPT Blood System.