49 days ago • Posted by William Ramstein
Wood buys more Tesla as stock dips, says corrections are good.
Wood’s main fund, the $27 billion ARK Innovation ETF (ARKK), notched its worst back-to-back rout since September, falling as much as 11.8% and ending the day down 3.3%. A record $4.96 billion worth of shares changed hands in total, more than double the previous high just a day prior. “Corrections are good, they keep us all humble,” she said. Source: Bloomberg