Cathie Wood-Led Ark Invest Buys $9.9M Worth Of Amazon Shares, Also Picks Up Reddit Stock – Markets Insider

Cathie Wood’s Ark Invest recently purchased $9.9 million worth of Amazon shares and also acquired Reddit stock. This move was made by the renowned investor and her team, showing confidence in these companies. The purchase of Amazon shares indicates a belief in the e-commerce giant’s future growth potential. Additionally, picking up Reddit stock suggests a strategic investment in a popular online platform. Wood’s Ark Invest continues to make bold moves in the market, showcasing their expertise and willingness to take calculated risks.