Cathie Woods Ark Investment Management is generally a long-term investor, she usually buys into dips and sells when high. This week she snapped up a major tech stock.
On Monday, Wood purchased 14,686 shares of Google parent Alphabet (GOOGL) , valued at $2.4 million.The stock has dropped 14% from July. So Wood may be picking up a bargain.
https://finance.yahoo.com/news/cathie-wood-buys-2-4-234700056.html