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Cathie Wood buys $11 million of tumbling megacap tech stock

Cathie Wood buys $11 million of tumbling megacap tech stock

Cathie Wood, head of Ark Investment Management, frequently adjusts her tech positions. She buys more when stock prices fall and trims when they rally, locking in short-term gains while sticking to her long-term vision. That’s what she just did, adding shares of a megacap tech company that’s down ...

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Cathie Wood buys $11 million of tumbling megacap tech stock