Cathie Wood's ARK purchased DocuSign in the midst of a 42 percent stock decline.
According to the firm's disclosures, Cathie Wood's ARK exchange-traded funds purchased DocuSign stock during the company's 42 percent decline. The funds, led by the ARK Innovation ETF ARKK, -5.54 percent, bought $107.2 million worth of DocuSign shares on Friday, while the Innovation ETF sold $124.7 million worth of Tesla TSLA, -6.42 percent shares.
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