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Benzinga
Benzinga
Business
Wayne Duggan

Cathie Wood Sees 'Enormous' Arbitrage Opportunity

Cathie Wood Ark Investment Ark Investment Management ARKK

Ark Investment Management CEO Cathie Wood took to Twitter on Wednesday to highlight what she sees as an "enormous" arbitrage opportunity between the public and private markets.

What Happened? On Wednesday, Wood tweeted in response to news that spare-change investing and checking account app Acorns Grow Inc. is canceling its $2.2-billion SPAC merger and pursuing another round of private fundraising.

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