Cathie Wood buys $38.1 million of tumbling megacap stock

Biztoc.com - July 4, 2026

Cathie Wood buys $38.1 million of tumbling megacap stock

Cathie Wood, chief of Ark Investment Management, is known for buying “disruptive” tech stocks during market pullbacks. That’s what she just did, adding one of her highest-conviction investments, Tesla, as the stock fell more than 7% in a day. In 2025, the fla…

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