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Cathie Wood’s ARK funds swoop on Zoom after share price slump
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Cathie Wood’s ARK funds bought more than 600,000 shares of Zoom after the stock slumped amid concerns of slowing growth.
The ARK Innovation ETF purchased 538,573 shares of Zoom on 23 November, according to the daily trades posted by the ARK funds. The ARK Next Generation Internet ETF bought 106,537 shares of the videoconferencing company.
Zoom...
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