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News 2026-09-28 19:18 UTC

Cathie Wood Makes $64 Million Bet on Two Stocks

Cathie Wood's Ark Invest made a fresh round of high-conviction bets last week, adding heavily to Meta Platforms NASDAQ:META and Rocket Lab NASDAQ:RKLB while cutting exposure to several technology and biotechnology names.The biggest purchase was Meta. Ark bought more than 51,000 shares worth about…