Breaking: Coinbase (COIN) jumps 10% pre-market: ARK's Cathie dumps Tesla (TSLA) to COIN it in
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UNLOCK OFFERCathie Wood of ARK Invest fame clearly likes the crypto space as her ARK Invest fund purchased $246 million worth of COIN on the first day of trading. ARK Invest posts details of fund purchases at the end of each day. The majority of the position went to the leading ARK Innovation fund, while the remainder was split across ARK Next Generation and ARK fintech innovation.
ARK sold $178 million worth of Tesla (TSLA) on Wednesday.
COIN stock price
Coinbase shares (Nasdaq: COIN) have jumped 10% during Thursday's pre-market session. currently, COIN is trading at $365.
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Cathie Wood of ARK Invest fame clearly likes the crypto space as her ARK Invest fund purchased $246 million worth of COIN on the first day of trading. ARK Invest posts details of fund purchases at the end of each day. The majority of the position went to the leading ARK Innovation fund, while the remainder was split across ARK Next Generation and ARK fintech innovation.
ARK sold $178 million worth of Tesla (TSLA) on Wednesday.
COIN stock price
Coinbase shares (Nasdaq: COIN) have jumped 10% during Thursday's pre-market session. currently, COIN is trading at $365.
At the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
This article is for information purposes only. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. It is important to perform your own research before making any investment and take independent advice from a registered investment advisor.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to accuracy, completeness, or the suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. The author will not be held responsible for information that is found at the end of links posted on this page.
Errors and omissions excepted.
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