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Cathie Wooden’s Ark Make investments funds purchased over 1.3 million shares of Twitter amid the inventory’s sell-off 

Cathy Wooden

Crystal Mercedes | CNBC

Star fund supervisor Cathie Wooden considerably elevated her shares of Twitter on Friday, shopping for right into a steep decline for the social media inventory.

Twitter’s inventory value dropped greater than 15% on Friday for its fifth-straight day of declines. On Thursday night, the corporate reported slower-than-expected person progress for the primary quarter and mushy income steerage for the second quarter.

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