The hidden winner in the USA election? Cathie Wood's ARKK hit a new high for the year, all thanks to these heavily weighted stocks!
The strong rise of ARKK is mainly attributed to the increase in its heavy holdings, Tesla, and cryptos-related companies, Coinbase and Robinhood.
USA drone stocks crashed on Monday.
The stock price of the drone concept stock Unusual Machines fell by 19.5% on Monday, but increased by 89% and 85% respectively on the previous two trading days. Previously, the support of drones by Musk and the news of Trump's son Donald becoming an advisor to Unusual Machines boosted its stock price.
Archer Aviation Options Spot-On: On December 2nd, 325.99K Contracts Were Traded, With 910.99K Open Interest
On December 2nd ET, $Archer Aviation(ACHR.US)$ had active options trading, with a total trading volume of 325.99K options for the day, of which put options accounted for 27.67% of the total
U.S. Small Caps Close Mixed As Novocure Lead, Archer Aviation Lags
Shares of Aerospace Companies Are Trading Lower Amid Possible Profit-taking. A Recent Media Report Also Highlighted the Potential Impact of Space Junk on Satellite Traffic.
Joby, Archer Stocks Are Getting Crushed. They're on a Wild Ride. -- Barrons.com