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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Scoops Up $19.7M In This Automation Firm As Shares Crash

Wood UiPath NYSE ARK Ark Invest Nasdaq Path Tesla Inc. UiPath Inc New York

Tesla Inc (NASDAQ:TSLA) bull Cathie Wood’s Ark Investment Management on Monday raised its exposure in the New York-based software automation company UiPath Inc (NYSE:PATH).

The popular investment firm scooped up 867,331 shares, estimated to be worth $19.7 million based on the latest closing price of UiPath, via the flagship Ark Innovation ETF (NYSE:ARKK) ETF.

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