TWST - Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought
It was a rough two years for Cathie Wood, but the Ark Invest founder, CEO, and money manager is bouncing back in 2023. Her family of growth-oriented exchange-traded funds is rolling again.
Wood's transparency finds Ark announcing all of its daily transactions. She added to existing positions in Roblox (NYSE: RBLX) , Velo3D (NYSE: VLD) , and Twist Biosciences (NASDAQ: TWST) on Monday. Let's take a closer look.
Many of last year's hardest-hit stocks are showing signs of life in 2023. Roblox is one of them. The company behind the immersive online gaming platform saw its stock plummet 72% in 2022. The shares have risen 35% so far this year.
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Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought