Cathie Wood Loads Up Another $12M In Zoom, Continues Shedding Stakes In Alibaba Rivals Tencent, JD
Cathie Wood-led Ark Investment Management on Thursday snapped up 32,807 shares, estimated to be worth about $11.85 million, in Zoom Video Communications Inc (NASDAQ: ZM).
Shares of the video calling company closed 2.39% higher at $361.39 on Thursday.