Why Cathie Wood Bought $72.4M In Twitter As Stock Tanked Post Earnings-Report
Cathie Wood-led Ark Investment Management bought over 1.3 million shares, worth about $72.42 million, in Twitter Inc (NYSE:TWTR) on Friday as the stock slumped after the social media company reported lower-than-expected user growth in the first quarter. Why Ark Sees Upside To TWTR: Twitter shares closed 15.16% lower at $55.22 on Friday. The stock has a 52-week … Read more