MKFG - Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought.
2023-09-15 11:55:00 ET
Cathie Wood's good fortune is on display in 2023. The Ark Invest founder, CEO, and money manager is beating the market this year, something that she failed to do in each of the last two years. In a credit to her transparency (she posts her daily transactions at the end of every trading day), we know exactly what she's buying and selling.
What is she gravitating to these days? Wood added to existing positions in Roblox (NYSE: RBLX) , Genius Sports (NYSE: GENI) , and Markforged Holding (NYSE: MKFG) on Thursday. Let's take a closer look.
A lot of Cathie Wood stocks are riding high this year, but Roblox isn't one of them: It's one of the few Ark stocks trading lower in 2023. Shares of the company behind its namesake interactive online gaming platform are trading close to a 52-week low, down a blistering 80% from the all-time high hit in late 2021.
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Cathie Wood Goes Bargain-Hunting: 3 Stocks She Just Bought.