Cathie Wood Adds to Positions in Archer Aviation, SpaceX, and Meta
On July 21, Cathie Wood’s ARK Invest added to its holdings in Archer Aviation (ACHR), Space Exploration Technologies (SPCX), and Meta Platforms (META). These stocks are currently trading below their IPO prices or have declined over the past year. The purchases reflect a strategic move by Wood to capitalize on undervalued growth opportunities.
Topics: Ark Invest Cathie Wood eVTOL Meta Platforms stock purchases