Cathie Wood Goes AI Bargain Hunting: She Just Bought a Stock That Crashed 17% in 1 Trading Session and a Stock That's Dropped 50% From Its Peak.
These companies have seen strong demand for their products and services.When a popular stock drops, some investors flee -- but Cathie Wood does just the opposite. The founder and chief executive officer of Ark Invest instead takes a closer look at the down but probably not out player, and in many cases, she will pick up shares at a bargain price. This is all part of the famous investor's strategy. She aims to get in on innovative companies at reasonable or cheap prices and hold on for the long term to benef ...