Rate Of Return
Total Assets$Archer Aviation(ACHR.US)It turns out the 10% surge the day before yesterday was because Cathie Wood opened a position. Enjoy the ride from Cathie Wood🫰
Cathie Wood's Sky-High Vision: Dumps Shares Of Cybercab Touting Tesla For This eVTOL Play
Cathie Wood's Ark Invest sold $8.6 million in Tesla shares and invested $7.79 million in Archer Aviation on October 29, 2024. The sale involved 13,896 Tesla shares, following strong earnings reports. In contrast, Ark purchased 830,130 shares of Archer, reflecting confidence in the eVTOL market, especially after the FAA's new regulations for powered lift aircraft. Additional trades included selling Robinhood shares and buying Meta and Illumina shares.
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