Cathie Wood Buys Another $6.3M In Alibaba Rival JD And Sells $17M In Netflix
June 19, 2021 at 14:37 PM EDT
Cathie Wood-led Ark Investment Management snapped up 87,900 shares, worth about $6.29 million, in JD.com Inc on the dip. Shares of the company, a rival to Alibaba Group Holding in the e-commerce space in China, closed 2.56% lower at $71.62 on Friday.
