After Figma (FIG.US) plummeted by 20%, "Wooden Sister" bottom-fished and bought 100,000 shares.

According to the Wisdom Wealth app, Figma (FIG.US) recently released its first financial report after going public. Due to Figma's second quarter performance and full-year outlook not meeting market expectations, the stock price subsequently plummeted by nearly 20%. Following this, Cathie Wood, also known as "Wood Sister", under her investment management company Ark Invest, purchased over 100,000 shares of Figma stock. This purchase was made through the ARK Next Generation Internet ETF, which increased its holdings by 108,238 shares of Figma stock.