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March 21, 2023 4:55 am | Read 1 minute
In the year After a poor performance in 2022, tech stocks rebounded this year, helped by expectations Federal Reserve Slow down or stop, measures announced by companies to boost profitability, and the AI conversation began to move in popularity. Open AI‘S Discussion GPT.
What Happened: Kathy Wood‘S Ark Invest, It’s taken on a high-profile tech giant that prides itself as a fund that invests in disruptive innovation, making waves in the hot and happening AI technology arena.
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on Monday, Next Generation Internet EFF (NYSE:ARKW) raised 40,957 shares Microsoft Corporation (NASDAQ:MSFT), is valued at $11.15 million based on a closing price of $272.23.
This arc marks the first trade in Microsoft shares this year. The woodworking fund contains Microsoft 3D Printing ETF (BATS:PRNT) Microsoft is PRNT’s third largest holding with a 4.34% weighting. In absolute terms, the ETF holds 27,255 shares of the software.
Microsoft shares are up 13.5% year-to-date and are one of the best-performing megacap tech stocks of the year.
Price Action: The stock was up 0.06%, at $272.40, in premarket trading on Tuesday, according to Benzinga Pro data.
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