Cathie Wood Watch: Ark snaps up bruised shares of Tesla, Coinbase

Prominent money manager Cathie Wood, CEO of Ark Investment Management, does what she does: buying depressed stocks in her favorite companies.

Ark-fond bought shares in the electric car giant on Wednesday Tesla (TSLA) – Get a free report and Coinbase Global (COIN) – Get a free reportthe largest US cryptocurrency exchange.

The purchases add to Ark’s acquisition of the shares in recent months. Tesla is the No. 3 holding and Coinbase is No. 14 in Wood’s flagship Ark Innovation ETF (SHEET) – Get a free report.

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