Cathie Wood’s ARK Portfolio: Top 5 Losers

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1. Berkeley Lights, Inc. (NASDAQ:BLI)

Number of Hedge Fund Holders: 18

52-Week High: $113.53

Real-Time Share Price as of December 7: $21.42

Percentage Loss in Share Price Year-to-Date: 74.47%  

Berkeley Lights, Inc. (NASDAQ:BLI) is a digital cell biology company. Latest data shows that ARK Investment Management owned 6.9 million shares of Berkeley Lights, Inc. (NASDAQ:BLI) at the end of the third quarter of 2021 worth $309 million, representing 0.57% of the portfolio. 

Morgan Stanley analyst Tejas Savant recently lowered the price target on Berkeley Lights, Inc. (NASDAQ:BLI) stock to $36 from $66 and kept an Equal Weight rating on the shares, noting that lowered guidance in the earnings report was “no surprise” given management commentary.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Two Sigma Advisors is a leading shareholder in Berkeley Lights, Inc. (NASDAQ:BLI) with 1.1 million shares worth more than $23 million. 

You can also take a peek at 10 High Yield Dividend ETFs to Buy Now and 15 Fastest Animals in the World.

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