Cathie Wood Just Made Another Big Bet on Rocket Lab

This article first appeared on GuruFocus. Rocket Lab USA (RKLB, Financials), is drawing fresh attention after Cathie Wood's ARK Invest bought another 359,612 shares worth about $25.1 million, adding to its recent purchases of the space company. Warning! GuruFocus has detected 2 Warning Sign with RKLB. Is RKLB fairly valued? Test your thesis with our free DCF calculator.RKLB GF Value chart The latest buying came across ARK's Innovation, Autonomous Technology & Robotics, and Space Exploration & Innovation ETFs. Earlier this month, ARK also bought 200,303 Rocket Lab shares worth about $12.8 million. The timing is notable.