Wood doubled down on her favorite tech stocks.
Ark Invest's Cathie Wood snapped up beaten-down shares of Tesla and CrowdStrike after their recent pullbacks as the innovation investor doubled down on her favorite tech stocks. The widely followed investor added 33,143 shares of Tesla on Wednesday for ARK Next Generation Internet ETF . The electric vehicle company closed down 12% in the previous session after the firm reported second-quarter earnings that missed expectations.
Ark Invest purchased 38,595 shares of the cybersecurity software company on Friday and another 20,219 shares on Monday. The stock tumbled double digits on both days as the company issued a defective update to its Falcon vulnerability-protection software that caused PCs, computer servers in data centers and display screens to crash, resulting in grounded flights and canceled medical appointments.
Stock Markets Tesla Inc Crowdstrike Holdings Inc ARK Web X.0 ETF ARK Innovation ETF Business News
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These 3 Stocks Are Cathie Wood’s Largest BetsStocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Read more »
Invest in the quality of your relationships and you'll also invest in yourself.A fast-growing body of scientific research supports the far-reaching health benefits of social connectedness, and this is especially the case for intimate partnerships.
Read more »
Cathie Wood's ARK Innovation ETF poised to break out of its sideways trading, according to the chartsKatie Stockton breaks down the charts on the ARK Innovation ETF.
Read more »
The Ark cast and crew discuss the challenges of returning to space for season 2DT Video
Read more »
The Ark Stars Stacey Read & Ryan Adams Tease Romance And Redemption In Season 2The Ark Stars Stacey Read & Ryan Adams Tease Romance And Redemption In Season 2
Read more »
Exclusive clip from Syfy’s The Ark teases the arrival of new crew membersDT Video
Read more »