Cathie Wood Invests $8.7 Million in a Downtrending Semiconductor Stock
Cathie Wood's ARK Innovation ETF has underperformed the S&P 500 this year, but she recently invested $8.7 million into a semiconductor stock that dropped about 20% after earnings. The move aligns with her strategy of buying during post-earnings dips.
Tickers: $ARKK
Topics: Ark Innovation ETF Cathie Wood Market Performance Semiconductor Stock Purchase