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American investor and businesswoman
Catherine Duddy Wood is an American investor who is the cofounder and chief executive officer (CEO) of Ark Invest, an investment management firm. Her funds have had mixed results over the years, and have been called rollercoaster rides.
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Cathie Wood just dumped one of this year's biggest AI winners to load up on a stock that has barely moved, and the reasoning behind that swap reveals a lot about where she thinks the real opportunity still sits.
The widely followed growth investor made some big market purchases on Tuesday.