Ark Invest Sold $6.5 Million of One Exchange’s Stock and $5.8 Million of Another Exchange’s Stock Yesterday
Odaily Planet Daily reported that Cathie Wood’s Ark Invest reduced its holdings on July 10 by selling $6.5 million worth of a certain exchange’s shares and $5.8 million worth of Robinhood shares. This reduction coincided with a rally in the cryptocurrency market, as Bitcoin reached a new all-time high of $118,000 today. In addition, the fund also sold 24,780 shares of Block, valued at approximately $1.7 million based on the closing price. (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
