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Cathie Wood Just Sold Shopify and Bought This Data Analytics Stock. Should You?

Cathie Wood Just Sold Shopify and Bought This Data Analytics Stock. Should You?

Late last week, sports data company Genius Sports (NYSE: GENI) plunged more than 10% in just one trading session. Interestingly, tech investor and CEO of Ark Invest, Cathie Wood, took advantage of the depressed stock price by adding 1.27 million shares to her position in the company. On the same day, Wood also sold roughly 66,000 shares of e-commerce company Shopify.