Cathie Wood Can't Stop Buying Archer Aviation Stock. Should You Invest While It's Still Below $5?
Archer Aviation (ACHR) The Motley Fool·2024-11-09 08:06Over the last week, Cathie Wood bought over 2 million shares of Archer Aviation.Cathie Wood of Ark Invest is best known for her high conviction in emerging themes, disrupting sectors such as technology or life sciences. While Wood has earned her share of media coverage, I'll admit that sometimes I find her investment takes to be somewhat far-fetched.Recently, I noticed that Ark Invest has added a significant chunk to its position in electric takeoff and landing company Archer Aviation (ACHR 11.14%). With sh ...