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%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Cathie Wood doubles down on growth stocks after fund loses a fifth of its value in 2021 by skleb1234

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.

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 ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines