Cathie Wood’s Ark Invest makes first-ever bet on General Motors after criticizing automaker

Famed stock picker Cathie Wood has had a sudden change of heart on General Motors (GM).

Wood’s Ark Investment Management snapped up ​​158,187 shares of the Detroit-based car manufacturer on behalf of its Autonomous Technology & Robotics (ARKQ) fund Monday, a transaction report outlining the firm’s trades showed. The move marks a sharp change in tune for Wood, who has been a vocal critic of legacy automakers.

The Ark Invest founder and chief executive officer told Yahoo Finance…

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