Big Investor Bought Apple, Tesla Stock, and Sold Alibaba and XPeng
- Date: 01-May-2021
- Source: CNBC
- Sector:Financial Markets
- Country:Middle East
Big Investor Bought Apple, Tesla Stock, and Sold Alibaba and XPeng
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A large asset manager made some big changes in its U.S.-traded stock investments.
DNB Asset Management bought more
Apple
(ticker: AAPL) and
Tesla
(TSLA) shares in the first quarter, and slashed an investment in
Alibaba Group Holding
(BABA) American depositary receipts, and sold all ADRs of Chinese electric-vehicle firm