Cathie Wood Invests $8.7 Million in Tempus AI Amid Market Volatility
Cathie Wood's Ark Investment Management has purchased $8.7 million worth of shares in Tempus AI (TEM), a healthcare technology stock that recently declined 14%. This move aligns with her strategy to buy growth stocks during downturns, though the flagship Ark Innovation ETF (ARKK) is down 4.87% year-to-date compared to an 8.26% rise for the S&P 500.
Tickers: $TEM