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Should You Follow Cathie Wood Into This Coronavirus Stock?

Should You Follow Cathie Wood Into This Coronavirus Stock?

Cathie Wood, founder, CEO, and chief investment officer (CIO) of ARK Invest. Earlier this month, the ARK Genomic Revolution fund purchased more than 100,000 shares of Regeneron Pharmaceuticals (NASDAQ: REGN). Regeneron, maker of an antibody cocktail to treat COVID-19, is the fund's fourth-biggest holding.