Reported 20 days ago
Cathie Wood, CEO of Ark Invest, has recently increased her holdings in three major stocks: Shopify, Meta Platforms, and Coinbase. Despite trailing the overall market in 2024, Wood's investments are showing promise, particularly in Shopify, which has seen a notable recovery and profitability. Meta continues to grow its user base and revenue, though it faces cost concerns, while Coinbase remains a favored play among crypto investors despite mixed financial results. Wood's moves reflect her ongoing confidence in these companies' futures.
Source: YAHOO