December 5, 2022

Investment luminary Cathie Wood, chief executive of Ark Investment Management, on Thursday bought and sold familiar names, including a Latin American e-commerce company.

Wood snagged several technology stocks that have struggled recently. She has said the plunge in tech stocks represents a buying opportunity.

All the valuations below are as of Thursday’s close.

Ark Fintech Innovation ETF  (ARKF) – Get ARK Fintech Innovation ETF Report purchased 2,861 shares of the Buenos Aires e-commerce-platform company MercadoLibre  (MELI) – Get MercadoLibre, Inc. Report, valued at $2.6 million. The stock, currently trading around $905, has dropped by almost a third this year. The company focuses on South America, Central America and the U.S.


https://www.thestreet.com/investing/cathie-wood-watch-shopify-coinbase-mercadolibre-tesla-twitter