Cathie Wood called this one of her most underappreciated stocks. Its CEO explains its growth story

Shares of Invitae rose over 25% this week, a sharp move higher that came after Ark Invest’s Cathie Wood called the company one of her most underappreciated stocks in a CNBC interview on Monday. Invitae was the 11th-largest holding in Wood’s flagship fund, the Ark Innovation ETF (ARKK), as of Thursday, giving it a weighting larger […]

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Cathie Wood’s Ark Innovation fund is set for a big rebound Tuesday as Tesla, other tech darlings pop

Cathie Wood, CEO and founder of ARK Invest. CNBC Widely followed investor Cathie Wood is about to recoup some of her recent sharp losses as tech stocks rebounded Tuesday after a brutal correction triggered by surging bond yields. Wood’s flagship active exchange-traded fund Ark Innovation ETF (ARKK) climbed 4.8% in premarket trading on Tuesday. Tesla, […]

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Cathie Wood says the underlying bull market is strengthening and she’s finding great buying opportunities in the sell-off

Ark Investment Management founder and CEO Cathie Wood said she is not worried about the recent drop in her funds and that the bull market is simply broadening out to include more strategies like value. The hot-handed investor added that over time her disruptive strategy will pay off, and she’s capitalizing on the sell-off. “Right […]

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Cathie Wood’s Ark Innovation fund drops 14% on week, wiping out all 2021 gains

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Ark Invest’s flagship fund, Ark Innovation, took a beating this week amid the sell-off […]

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Cathie Wood bought $95 million worth of Zoom Video as stock dropped on Tuesday

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Cathie Wood continued to buy the dip in her favorite stocks, including a major […]

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How Cathie Wood plans to navigate choppy market waters now that she manages $54 billion

Now that Ark Invest has become a whale in the stock market, stewarding the largest actively managed ETF and garnering legions of fans, Cathie Wood faces the difficult task of navigating choppy market waters as the “innovation” stocks she’s championed face shaky ground. Ark Invest’s assets under management ballooned to nearly $54 billion from about […]

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Stocks making the biggest moves after the bell: GameStop, Nvidia, ViacomCBS & more

A shopper walks toward a GameStop store in Ottawa, Illinois, April 1, 2019. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: GameStop – Shares of the gaming retailer surged 61%, building on their massive surge during the regular trading session as traders weighed a C-suite […]

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Cathie Wood bought a ton more Tesla amid Tuesday’s sell-off, possibly sparking turnaround

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Ark Invest’s Cathie Wood scooped up about $80 million worth of Tesla shares during […]

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Cathie Wood’s funds take big hits as Tesla and the tech trade show signs of unwinding

Cathy Wood Crystal Mercedes | CNBC Some called it the “Cathie Wood sell-off.”   At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market.  Shares of Palantir, Tesla, Roku, Square, Paypal, Teladoc, Baidu, Zillow, Shopify and Spotify were all down big, in many cases by double-digits.  All […]

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