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Cathie Wood pours $19.2 million on biotech stock, trims favorite
Yahoo Finance· 2025-10-29 05:03
Love her or roll your eyes, Cathie Wood’s bets are virtually impossible for investors to miss. With clear theses and gutsy bets early on, the ARK Invest boss is willing to flip the script when the facts change. That playbook proved remarkably effective this year, with ARK Innovation ETF (ARKK) stock up 58% year to date, blowing past broader benchmarks while drawing fresh attention to “disruptive innovation.” Lately, she’s been laser-focused on the next leg of the cycle. So far, it has been biotech stoc ...