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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Loads Up $1M More Of This Self-Driving Trucking Firm As Shares Drop 80% YTD

Cathie Wood TuSimple Nasdaq ARK TSP TuSimple Holdings Inc Ark Invest California NYSE San Diego

Cathie Wood-led Ark Investment Management on Tuesday further raised its exposure to self-driving trucking company TuSimple Holdings Inc (NASDAQ: TSP), its first buy in the San Diego, California-based startup in over two months. 

The popular stock-picking firm loaded up 146,700 shares, estimated to be worth $1.07 million, based on Tuesday’s closing price in TuSimple.

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