Reported about 2 months ago
Cathie Wood, Ark Invest's CEO, is making moves in a challenging market by purchasing shares in Ibotta, Roblox, and Guardant Health. After Ibotta's disappointing performance since its IPO, Wood is buying more shares at a lower price, while Roblox showcases improved revenue and user growth. Guardant Health continues to grow with its revenue projections, despite still being unprofitable. These purchases reflect Wood's strategy to capitalize on perceived bargains amid market struggles.
Source: YAHOO