ARK Best weekly top gain and loss, don’t miss out – #stocks chatter

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ARK Best weekly top gain and loss, don't miss out
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**Grayscale Bit**coin Investment Trust (GBTC)\*\*, a trust tracking market price, was up **20%** on Monday after **Tesla announced a $1.5 billion balance sheet investment** \- roughly 8% of its cash - into **Bit**coin . Tesla also said it would start accepting **Bit**coin as payment for its products. Tesla’s decision seems to be legitimizing **Bit**coin as corporate cash.

Longview Acquisition Corporation (LGVW), a special purpose acquisition company (SPAC) that is acquiring Butterfly Network, closed up **18%** on Monday. In our view, investors and speculators are building positions prior to the **consummation of the merger** on or around February 16th. Butterfly is a medical technology company focused on democratizing access to point-of-care ultrasound (POCUS) devices. Unlike other centralized and handheld POCUS instruments, Butterfly's technology uses a proprietary semiconductor-based, AI-assisted ultrasound system instead of a system based on piezoelectric crystals. Butterfly's technology seems to be a more cost-effective, robust, and differentiated tool for medical imaging.

ExOne (XONE), a global leader in additive manufacturing technology, appreciated more than **35%** on Monday and **18%** on Tuesday, before dropping **16%** on Wednesday. ExOne preannounced revenues higher than consensus **expectations** for the fourth quarter as well as guidance for 2021 revenue growth of 15-25%, well above the 12.5% consensus expectation thanks to new products and increased demand. After the close on Tuesday, ExOne announced a secondary stock offering, **pricing** it on Wednesday at $54 per share.
https://www.reddit.com/r/StockMarket/comments/lj2n5s/ark_best_weekly_top_gain_and_loss_dont_miss_out/

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