Cathie Wood's position in Archer Aviation is currently worth $101 Million. That's 0.81% of their equity portfolio (29th largest holding). The investor owns 9.51% of the outstanding Archer Aviation stock. The first Archer Aviation trade was made in Q3 2021. Since then Cathie Wood bought shares five more times and sold shares on seven occasions. The investor's estimated purchase price is $151 Million, resulting in a loss of 33%.
The race for air taxis is taking off. These machines are technically called electric vertical take-off and landing (eVTOL) aircraft.
marketbeat.com, 4 months agohttps://www.investing.com/news/company-news/cathie-woods-ark-trades-tesla-archer-aviation-stock-93CH-3508514
Investing.com, 4 months agoCathie Wood‘s firm Ark Invest sold some of its shares in EV maker Tesla (TSLA) and bought shares of drone maker Archer Aviation (ACHR). Tesla stock…
TipRanks, 4 months agoOne of Wall Street's most prominent fund managers isn't too concerned with Tesla (NASDAQ: TSLA ) these days. In fact, Cathie Wood is turning her attention to...
investorplace.com, 4 months ago