Reported 10 days ago
Cathie Wood, CEO of Ark Invest, has made headlines by purchasing $15 million worth of Nvidia shares after the stock experienced a significant decline. This move follows a period where her Ark Innovation ETF suffered a substantial 29.7% drop year-to-date. Despite skepticism about her investment strategies, Wood continues to back emerging tech companies, believing in their potential to reshape the industry.
Source: YAHOO