Cathie Wood's Ark Invest Buys Meta Platforms Amid AI Infrastructure Spending
Cathie Wood, CEO of Ark Investment Management, has been increasing her firm’s stake in Meta Platforms (META), purchasing approximately $18.4 million worth of shares at the current price around $584 per share. This move comes as part of Ark Invest's broader focus on disruptive technologies such as artificial intelligence and blockchain. Meta is one of the
Tickers: $META
Topics: Ark Invest Cathie Wood Meta Platforms stock purchase