Cathie Wood’s Ark Invest funds bought more than 1.3 million shares of Twitter amid stock sell-off
Crystal Mercedes | CNBC
Star fund manager Cathie Wood significantly increased her shares from Twitter Friday, buying into a steep drop for the social media stock.
Twitter’s stock price fell more than 15% on Friday for its fifth consecutive day of declines. Thursday evening, the company reported slower-than-expected user growth for the first quarter; and low revenue expectations for the second quarter.