Cathie Wood buys $9 million of tumbling tech stock amid tariff crash
Wood said Trump’s tariff "doesn't make sense."
Cathie Wood, CEO of Ark Investment Management, most frequently specializes in small- and mid-cap technology stocks. She once in some time ventures into megacap stocks, seemingly aiming so that you simply may add steadiness to her funds.
That is what she did closing week. She sold $9 million shares of a tech big amid a market plod, hoping for a nick value.
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