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Cathie Wood’s ARK jumps on Tesla stock
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Cathie Wood’s ARK funds said on 3 October it had snapped up Tesla stock. It comes after the EV maker’s shares tumbled following a deliveries miss in the third quarter.
Wood’s ARK Innovation ARK Innovation exchange-traded fund purchased 108,380 Tesla shares, while the ARK Next Generation Internet ETF bought 23,833 shares, according to a trade notification.
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