Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
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Cathie Wood, founder and CEO of Ark Invest, has purchased shares of Robinhood Markets, GeneDX Holdings, and Tesla Motors, despite their poor performance in 2026. These investments add to her company's existing positions in the three growth stocks, which are down 38%, 49%, and 23% respectively this year.
Cathie Wood, a growth investor, has bought shares of Robinhood Markets, GeneDX Holdings, and Tesla Motors. These stocks have struggled in 2026, with declines of 38%, 49%, and 23% respectively. Robinhood's revenue growth has slowed, while GeneDX has seen a correction after a strong rally. Tesla, despite posting its first year of declining revenue in 2025, is expected to grow again this year. Wood's investments add to her company's existing positions in these stocks. The purchases were made on Tuesday, with Wood's Ark Invest ETFs already holding shares of the three companies.
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