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Benzinga
Benzinga
Business
Chris Katje

Cathie Wood Is Buying This Peter Thiel-Backed Psychedelics Stock For Ark Funds

Cathie Wood Wood Peter Thiel

There’s a new psychedelics company being added to an ETF from Cathie Wood.

What Happened: The Ark Genomic Revolution ETF (BATS:ARKG) took an initial position in shares of psychedelics company Atai Life Sciences (NASDAQ:ATAI) Tuesday.

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