Reported about 1 month ago
Cathie Wood, CEO of Ark Investment Management, has recently purchased 658,219 shares of UiPath, worth approximately $8.4 million, in an effort to capitalize on the stock's decline. While her investment strategy focuses on emerging technology companies, opinions on her performance are mixed, with her flagship Ark Innovation ETF reporting negative annual returns and facing significant investment outflows. Despite criticism, Wood remains committed to her vision of investing in disruptive innovations.
Source: YAHOO