Apple Stock To Sink 30%? Inside The Mind Of A Bear
There is a new bear roaming the Apple orchard. Could Apple stock dip about 30% from current levels, as one Wall Street analyst argues?Anew bear has emerged from its cave. New Street’s Pierre Ferragu believes that Apple stock is now a sell, downgraded from his previous neutral stance, and that shares could sink by nearly 30% from current levels to only $90.The Apple Maven gets inside the mind of this Wall Street skeptic to better understand the potential risks of investing in Apple stock today.Pi
Cathie Wood’s ARK Invest Sells Nearly 300,000 Shares of Apple
One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly 300,000 shares of $Apple$ Inc. shares on Thursday, as the prices of this ETF traded down about 2% in Thursday’s session. The ETF is up right around 100% in the last year.$ARK Fintech Innovation ETF$ sold 298,505 shares of Apple. At Thursday’s closing price this would have valued this sale at roughly $38.7 million. This is only a small fraction of the total holdings. ARKF has roughly doubled over the past 52 weeks.Maybe Apple
NIO Stock: One Big Catalyst to Watch Before Nio Reports Earnings on 4/29
Nio is one of the most polarizing EV stocks in the world right now. With an upcoming earnings report and a big investment in the company, NIO stock is looking like it could turn things around from the consecutive drops it has suffered through April.The company is catching buzz today thanks to its most recent news.German reinsurerMeag Munich Ergo’sinvestment division is going big on electric vehicles today. A 13F filed by the companyshows it is increasing its holdings in the sector by the thousan