Cathie Wood acquired 20.9 Million Teladoc Health shares worth $609 Million. That's 4.18% of their equity portfolio (8th largest holding). The investor owns 12.97% of the outstanding Teladoc Health stock. The first Teladoc Health trade was made in Q3 2017. Since then Cathie Wood bought shares sixteen more times and sold shares on two occasions. The investor's estimated purchase price is $3.75 Billion, resulting in a loss of 84%.
Cathie Wood -led ARK Investment Management ’s flagship fund ARK Innovation ETF ’s (NYSE: ARKK ) performance during the third quarter was mixed relative to br...Benzinga, about 2 months ago
Fund manager was bullish on the company in a CNBC interview, but days later, shares were underweighted in the redemption basket. Read my TDOC analysis here.Seeking Alpha, about 2 months ago
Teladoc is down 90% since its pandemic peak. Trading at just 2x sales, this is the right price to add TDOC to a basket of beaten-down tech stocks. Click to r...Seeking Alpha, 3 months ago
It’s been a difficult year for Cathie Wood stocks and exchange-traded funds, as the ARK Innovation ETF (NYSEARCA: ARKK ) has lost over 50% of its market capi...InvestorPlace, 3 months ago