The Tesla Trade

Ark’s latest Tesla purchase was valued at roughly $11.4 million, based on Wednesday’s closing price of $343.25. Combined with $16.4 million in Tesla shares bought on Monday and Tuesday, the firm’s total purchases this week reached $27.8 million.

Tesla shares have fallen 13.9% so far this month and are down 21.6% year-to-date.

Other Key Trades
Sold 26,770 Roku Inc. (ROKU) shares via ARKK and ARKW.

Purchased 19,653 Kodiak AI Inc. (KDK) stock through ARKQ.

Benzinga Edge Stock Rankings indicate Tesla stock has a Momentum in the 42nd percentile and Value in the 3rd percentile.

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Photo: Jonathan Weiss / Shutterstock.com

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