{"id":123561,"date":"2021-05-03T17:11:49","date_gmt":"2021-05-03T17:11:49","guid":{"rendered":"https:\/\/precoinnews.com\/?p=123561"},"modified":"2021-05-03T17:11:49","modified_gmt":"2021-05-03T17:11:49","slug":"cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news\/","title":{"rendered":"Cathie Wood's investment firm buys $71 mln worth of Twitter shares on dip- Bloomberg News"},"content":{"rendered":"

May 3 (Reuters) – Cathie Wood’s Ark Investment Management bought about 1.3 million shares of Twitter Inc worth $71 million last week after the stock fell on disappointing results, Bloomberg News reported here on Monday, citing an email on the firm’s trading activity.<\/p>\n

Ark Investment Management did not immediately reply to a request for comment, while the microblogging site declined to respond.<\/p>\n

Twitter\u2019s shares closed more than 15% lower on Friday after the company offered tepid revenue guidance for the second quarter, warned of rising costs and expenses and said user growth could slow as the boost seen during the COVID-19 pandemic fizzles.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

May 3 (Reuters) – Cathie Wood’s Ark<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nCathie Wood's investment firm buys $71 mln worth of Twitter shares on dip- Bloomberg News - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathie Wood's investment firm buys $71 mln worth of Twitter shares on dip- Bloomberg News - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"May 3 (Reuters) – Cathie Wood’s Ark\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-03T17:11:49+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/cathie-woods-investment-firm-buys-71-mln-worth-of-twitter-shares-on-dip-bloomberg-news\/\",\"name\":\"Cathie Wood's investment firm buys $71 mln worth of Twitter shares on dip- Bloomberg News - 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