Cathie Wood, the founder and CEO ofARK Investment Management, is again making waves with her investment decisions regardingAmazon.com, Inc.(NASDAQ:AMZN).

What Happened:Known for her high-risk, high-reward strategy, Wood's latest moves have ignited a debate: Is her confidence in Amazon a signal of the tech giant's impending turnaround, or is it another potentially ill-fated gamble?

Wood's Amazon Purchases Over The Last Few Months

Wood has been steadily increasing ARK's stake in Amazon over the past few months:

• On Tuesday, she acquired 76,505 shares for $13.98 million through the flagshipARK Innovation...