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Monday, May 27, 2024

Cathie Wood’s Ark Buys $42 Million In Tesla—Predicts 1,100% Rise For The Slumping Stock

Stock picker Cathie Wood’s Ark Invest bought Tesla’s dip in a big way on Thursday, boldly forecasting the electric vehicle company will surge to a more than $6 trillion valuation over the next four years on the same day its stock tanked 10%. Key Facts Wood’s firm disclosed it bought 219,810 shares of …

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