✉news BusinessMarkets first seen 6 d ago, last 6 d ago, peak #36
Cathie Wood Keeps Buying Rocket Lab Stock Near Lows
Original: Cathie Wood Keeps Buying Rocket Lab Stock as It Trades at Less Than Half Its Record
Ark Invest chief Cathie Wood continues adding to her position in Rocket Lab even as the stock trades at less than half of its record high. The purchases signal her continued confidence in the space company's long-term prospects despite the sharp pullback from its peak, drawing attention from investors tracking her high-profile fund's moves.
Why now: Investors closely follow Cathie Wood's stock purchases as a signal of conviction in beaten-down growth names.
Cathie WoodRocket LabArk Invest
Evidence
- Cathie Wood Keeps Buying Rocket Lab Stock as It Trades at Less Than Half Its Record · The Motley Fool
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