Jim Cramer Lambasts Cathie Wood’s Investment Choices on Twitter
May 12 2022 - 05:05AM
TipRanks
Popular host of Mad Money on CNBC, Jim Cramer, has been firing
tweets at expert hedge fund manager Cathie Wood’s recent investment
choices in her ARK Invest line of funds. Cathie Wood added an
additional 546,579 shares of crypto exchange Coinbase Global (COIN)
to three of her funds on Wednesday. Coinbase’s disappointing Q1FY22
results on Tuesday were followed by a massive 26.4% slump in stock
the following day, which Cathie Wood used as an attractive buying
opportunity. Cathie also bought shares of fintech platform Block
(SQ), online sports gambling company DraftKings (DKNG), and
3-dimensional platform Matterport (MTTR).
https://www.tipranks.com/news/jim-cramer-lambasts-cathie-woods-investment-choices-on-twitter?utm_source=advfn.com&utm_medium=referral
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