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Between Oct. 28 and Oct. 30, Ark scooped up 2.5 million shares of Archer, spread across three separate purchases. Given Archer's seemingly low stock price, it may look like Wood is buying the dip ...
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of July 22, 2024. Rick Munarriz has positions in CrowdStrike ...
It was founded by Cathie Wood in 2014. [ 4 ] [ 5 ] At the height of February 2021, the company had US$50 billion in assets under management . [ 6 ] As of October 2023 [update] , assets had dropped to $6.71 billion, after a period of poor performance.
The popular growth investor keeps adding to some of her favorite falling stocks.
In 2020, her flagship ARK Innovation exchange-traded fund (ETF) was the top-performing global equity fund with at least $1 billion of assets, [3] and Wood was subsequently named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler. [19]
I'm going to outline the moves Cathie Wood of Ark Invest is making, and detail why selling Palantir stock right now actually makes a lot of sense. Let's take a look at Wood's recent moves in Palantir
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