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Cathie Wood Is Buying The Tempus AI Dip, Ark Snaps Up Stock Worth $11 Million

On Wednesday, Cathie Wood-led Ark Invest made significant trades involving Tempus AI Inc. (NASDAQ:TEM) and Pinterest Inc. (NYSE:PINS). These trades come amid notable market movements and earnings reports that have influenced investor sentiment.

The Tempus AI Trade

The Pinterest Trade

In another notable move, Ark Invest sold shares of Pinterest. The social media company’s stock closed at $17.57 on Wednesday, marking a 3.66% increase.

Other Key Trades:

  • Sold 1.14 million shares of PagerDuty Inc. (PD) through the ARKK ETF.
  • Bought 58,301 shares of Symbotic Inc. (SYM) via the ARKQ ETF.
  • Sold 36,430 shares of DraftKings Inc. (DKNG) through ARKK and ARKW.

Benzinga Edge Stock Rankings indicate Tempus AI stock has Momentum in the 14th percentile.

Photo Courtesy: PJ McDonnell on Shutterstock.com

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

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