Cathie Wood's Ark Invest Buys Cerebras Stock Amid Volatility
Cerebras stock surged over 18% following purchases by Cathie Wood-led Ark Invest in multiple ETFs, despite no company-specific news. The buying activity occurred after a significant sell-off last week and has increased the weighting of Cerebras within two key Ark funds.
Topics: AI stocks Ark Invest Cathie Wood Cerebras