Why Has Cathie Wood Bought This Stock for Seven Days in a Row?
When Cathie Wood goes shopping, people pay attention. The founder, CEO, and primary stock picker of the Ark Invest family of aggressive growth exchange-traded funds announces her buys and sells daily. With her style of investing back in vogue, the market's following her every move the way they did in 2020 when she had a Midas touch.
She doesn't buy and sell many stocks on any given day, so repeat purchases of the same name are going to turn heads. She has now spent the last seven trading days buying into one of the more obscure names in the Ark Invest portfolio. If you don't know about Velo3D (NYSE: VLD), it may be just a matter of time.
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Source Fool.com
