Cathie Wood Stocks Trending This Week
Cathie Wood shares have made some gains as investors await a turn in macro factors. Some tech stocks posted inflows following Nvidia’s rise, making it the biggest complaint by market cap. Despite this, assets are still several steps behind inflows in the first quarter of 2024, which led to better-than-expected gains.
ArkInvest’s Cathie Wood has become popular for her daily updated stock portfolio. In 2021, Cathie Wood shares took off and gained mainstream traction and built a community, but recent years haven’t been as successful. Crypto stocks in the mix fell amid the broader market downturn. Here are the Cathie Wood stocks trending this week.
Coinbase (COIN)
Digital asset exchange Coinbase is trending Cathie Wood shares this week. COIN It fell due to the decline in the crypto market but is quite optimistic about the recovery. The asset is trading at $255.86, down 3.90%. This week, COIN fell by a massive 8% as crypto volumes decreased worldwide. Bitcoin and altcoins. Bulls are waiting for things to change as cryptocurrencies register slight gains in the market, indicating a recovery. This could have positive consequences for the asset in the short term.
Tesla Inc (TSLA)
Electric car Maker Tesla traded up 0.79% at $183. TSLA continues to attract investment as investors move towards renewable energy solutions. The increase in electric vehicles has also triggered the growth of the stock in recent years. However, due to macroeconomic factors, the weekly figure fell like other assets. Over the past seven days, TSLA has seen a 1% decline, paring its previous gains.
Robinhood (HOOD)
Robinhood Markets Inc. is among the weekly trending Cathie Wood stocks. HOOD rose this week amid a market correction as inflows continued. While weekly volumes fell 3%, monthly figures rose 13%. robinhood Wider market participation is ensured thanks to the latest agreements and partnerships announced. Shares are up more than 70 percent this year.
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David is a financial news writer with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has a talent for keeping up with breaking news. Staying on top of trends, David is knowledgeable about regulations, partnerships, crypto assets, stocks, NFTs, etc. He reported in various fields such as. Away from the financial markets, David cycles and rides horses.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
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