Cathie Wood, of Ark Investment Management, buys and sells stocks strategically. Her funds have seen volatility this year, with strong gains and sharp losses. Despite a rough start in 2022, Ark’s funds are now up 30.8% year-to-date, outperforming the S&P 500. Wood focuses on high-tech companies, leading to significant fund value fluctuations. She recently doubled down on new listings, purchasing shares of Figma and Bullish, two companies that have seen recent IPOs. Figma reported strong revenue growth but fell short of investor expectations, leading to a post-earnings drop. Wood remains bullish on tech stocks, despite recent challenges.

Read more at Yahoo Finance: Cathie Wood buys $13.4 million of battered stocks