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Benzinga
Benzinga
Technology
Rachit Vats

Tesla Bull Cathie Wood Bought $1M Shares In This Biotech Stock Today

Cathie Wood Tesla Inc. Nasdaq Ark Invest Ark Investment Management China

Tesla Inc (NASDAQ:TSLA) bull Cathie Wood led Ark Investment Management on Thursday further raised its exposure in China-based biotech company Burning Rock Biotech Ltd (NASDAQ:BNR).

The investment firm bought 112,150 shares — estimated to be worth $1.08 million — in the biotech company, a stock it has been piling up on since November last year.

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