Cathie Wood Buys $2 Million in Falling AI Stock
Cathie Wood, head of Ark Investment Management, doesn’t give up her favorite stocks easily. That’s what he just did: buy one of his main holdings that is down 15% so far this year. Wood gained a reputation after the flagship Ark Innovation ETF (ARKK) returned 153% in 2020. Last year, the fund gained 35.5%, far…