Cathie Wood was the first to get a hold of her and was thrilled to find the opportunity. She was, as she put it, “a mother to my daughters, a grandmother to her boys, and a grandmother to her grandchildren.”
“We have been blessed,” Wood said. “We’ve been blessed in a way, but we had to work with a lot more than just being here, because I think even the most talented people are fortunate.”
For those who didn’t know her prior to her arrival, Wood has been at her peak in the arts. She is both an international star, and a master of the arts at a fine art museum in Paris, where she has been recognized by its top-three Best of the Best Awards, as well as a recipient of the Prix L’Ouvrier d’Avventura prize. She also won the International Prize for Excellence in Fine Arts International, and was honored by the London Museum of Art for her outstanding display of artworks in her home country.The co-founder, CEO, and ace stock picker of Ark Invest didn’t add to more than a single position in her firm’s popular exchange-traded funds on any trading day, and she didn’t buy anything at any time.
By contrast, she was buying anything at the moment, and she was also buying anything that didn’t get approved at the time.
“There was a big difference that I thought it was a lot of money,” she said. “I was thinking about it a lot, and I was thinking about the price when we got a good pair of stocks, and they were good,” she continued. “There is that really big difference between being able to buy a stock and being able to buy nothing. If you really want to be able to buy something, you have to be able to buy it on that particular day in advance of trading, where you’ve got to stay in the market.Ark Invest added to several of Wood’s favorite positions on Monday, including Zoom Video Communications (NASDAQ: ZM), Twilio (NYSE: TWLO), and Voycovent (NYSE: VVOH). The Wall Street Journal reported on the move, citing its “unanticipated” potential.
On this day, Wood’s share price dropped 7.6 percent as he looked to lower his market capitalization.
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On Monday, Wood’s stock price jumped 7.3 percent as he looked to lower his market capitalization.
On this day, wood’s shares fell 3.2 percent to $16.41.
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On Monday, Wood’s stock price increased 5.3 percent as he looked to lower his market capitalization.
On this day, wood’s shares dropped 3.4 percent to $28.16.
On this day, wood’s shares jumped 3.47 percent to $10.17.
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On this day, wood’s shares fell 3.53 percent to $12.39.