Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Ebube Jones

Cathie Wood Just Made a Huge Bet on Kodiak AI Stock. The Rest of Wall Street Sees Triple-Digit Upside Potential Too.

Cathie Wood is known for making bold bets on fast-growing technologies, and Kodiak AI (KDK) is now one of them. Last week, ARK Invest (ARKK) made KDK its biggest buy by share volume, about $2.6 million, close to 394,000 shares, putting the self-driving truck company back on investors’ radar.

ARK has been building its position in Kodiak for months. In April, ARKQ bought 230,000 shares at $7.50 each, worth about $1.73 million, after also adding 72,320 shares in January.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.