Cathie Wood Invests $22.8 Million in Rising Tech Stock

Cathie Wood, CEO of Ark Investment Management, has invested an additional $22.8 million into a surging megacap tech stock that gained 14.8% over the past five days. Despite recent gains for her flagship fund ARKK this year and historically strong performance in 2020, it underperformed compared to broader indices like the S&P 500 both recently and over longer timeframes.

By Silin Chen Sun, July 12, 2026 at 2:30 AM GMT+3 6 min read · Yahoo Finance · July 11, 2026, 23:30 UTC

Tickers: $ARKK

Topics: ARKK Cathie Wood tech stock investment

Read the full article at Yahoo Finance

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