Cathie Wood buys $15 million of soaring mega-cap tech stocks

2 months ago
10

While Cathie Wood, chief executive of Ark Investment Management, specializes in small- and midcap technology stocks, sometimes she goes for the megacaps.

The idea presumably is to provide ballast for her funds, which consist mostly of riskier stocks. Sometimes she’ll even buy when the stocks are rising, and that’s what she did Tuesday.

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