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Cathie Wood just made a massive bet on Rocket Lab (RKLB), buying more than 700,000 shares as the ******* e stock continues to reel from a sharp selloff.
Last week, Ark Invest purchased more than 705,000 shares of Rocket Lab, with the transactions worth roughly $45 million. That makes the ******* e company one of Ark's biggest disclosed additions by value during the period and puts Wood firmly on the bullish side of the debate surrounding RKLB stock.
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