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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Loads Up $2.8M In This Self-Driving Trucking Company As Shares Plunge 38% In A Week

Cathie Wood TuSimple NYSE Ark Invest Ark Investment Management TSP TuSimple Holdings Inc

Cathie Wood-led Ark Investment Management on Monday further raised its exposure in self-driving trucking company TuSimple Holdings Inc (NYSE:TSP) on the dip.

The popular stock-picking firm loaded up 260,318 shares — estimated to be worth $2.79 million based on Monday’s closing price — in the San Diego, California-based autonomous trucking startup.

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