Cathie Wood buys $8.6 million of surging mega-cap tech stock
The Nasdaq Composite gained 28% between January 2024 and January 2025. But the ARK Innovation ETF returned just 16.5%.
Cathie Wood, Ark Funding Management’s CEO, essentially targets small—and mid-cap know-how stocks, attempting to accumulate future negate. She also buys mega-cap stocks to add stability to her funds.
That's what she has been doing with a effectively-identified tech heavyweight in latest weeks.
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