News Formal

Cathie Wood Doubles Down On Growth Stocks After Fund Loses A Fifth Of Its Value In 2021

  • 📰 Forbes
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The innovation investor added to positions in DraftKings, Roblox and Robinhood.

The founder and CEO of Ark Invest purchased roughly 1.2 million shares of daily fantasy and sports betting operator DraftKings on Tuesday, a position worth just over $30 million.

So far this year, Wood also bought nearly 400,000 shares of popular stock trading app Robinhood while offloading around 360,000 shares of social media platform Twitter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's 2022 Outlook for the Worst-Performing Nasdaq 100 Stocks in 2021“There are a lot of names that should keep losing now that the Fed is your foe,” the “Mad Money” host said.
Source: NBCDFW - 🏆 288. / 63 Read more »