ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day

ark invest scoops up coinbase block shares for second straight day
ark invest scoops up coinbase block shares for second straight day 1

Cathy Wood’s ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange’s stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on March 22, sending COIN tumbling 16% the next day. The shares gained 1.5% on Friday to close at $67.83 apiece.

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