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Stock impact report

Cathie Wood buys $12 million of surging China tech stock [Yahoo! Finance]

JD.com, Inc. - American Depositary Shares (JD) 
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am Check Earnings Report
US:NASDAQ Investor Relations: ir.jd.com
Company Research Source: Yahoo! Finance
Sometimes, she also sees opportunities outside the U.S., with one of her biggest targets overseas being China, the second largest economy in the world. That was what she did last week. She bought $12 million shares of a Chinese tech stock. Wood's flagship fund, the Ark Innovation ETF ARKK , is down 17.41% year-to-date as of March 31, while the Nasdaq Composite and S&P 500 lost 10.42% and 4.59% during the same period, respectively. Don't miss the move: Subscribe to TheStreet's free daily newsletter Opinions on Wood vary. To her supporters, she is a visionary with a remarkable 153% return in 2020. However, her longer-term performance has raised doubts about her aggressive, opportunistic approach. As of March 31, Ark Innovation ETF, with $6 billion under management, has delivered an annualized three-year return of negative 10.47% and a five-year return of 2.08%. In comparison, the S&P 500 index has a three-year annualized return of 9.06% and a five-year return of 18.09 Show less Read more
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