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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Continues Buying Spree In This Self-Driving Trucking Startup As Shares Drop 70% YTD

Cathie Wood TuSimple Ark Invest TuSimple Holdings Inc

Cathie Wood's Ark Investment Management bought more shares in self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP) on Tuesday, which has lost nearly 70% in market value so far this year.

The stock-picking firm bought 21,619 shares in TuSimple, estimated to be worth $232,620 based on their last close of $10.7 a share. 

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