CNBC Pro

Cathie Wood bought more than $20 million worth of Teladoc as stock tanked Thursday

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.
Eva Marie Uzcategui | Bloomberg | Getty Images

Ark Invest's Cathie Wood doubled down on Teladoc even as shares of one of her favorites stocks dropped 40% on Thursday.

More In Follow the Pros

CNBC ProOppenheimer's Stoltzfus — one of the biggest bulls left on Wall Street — cuts S&P 500 outlook
CNBC ProBest trades on CNBC Wednesday: Investors can shield from volatility in these stocks
CNBC ProBest trades on CNBC Tuesday: Why pros are adding commodities and crypto