On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. (NASDAQ:TEM) and Coinbase Global Inc. (NASDAQ:COIN), while selling shares of ARK 21Shares Bitcoin ETF (NASDAQ:ARKB).
The Tempus AI Trade
Ark Invest purchased a significant number of shares of Tempus AI, despite the company’s stock tumbling after reporting mixed fourth-quarter financial results. The firm’s ARK Genomic Revolution ETF (BATS:ARKG) bought 78,570 shares, while the ARK Innovation ETF (NYSE:ARKK) acquired a whopping 367,388 shares. The total value of these trades, calculated from the latest closing price of $59.10, is nearly $26.35 million.
According to a Benzinga report, Tempus AI’s revenue was up 35.8% year-over-year, with data and services revenue growing 44.6% to $80.2 …
Full story available on Benzinga.com
On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. (NASDAQ:TEM) and Coinbase Global Inc. (NASDAQ:COIN), while selling shares of ARK 21Shares Bitcoin ETF (NASDAQ:ARKB).
The Tempus AI Trade
Ark Invest purchased a significant number of shares of Tempus AI, despite the company’s stock tumbling after reporting mixed fourth-quarter financial results. The firm’s ARK Genomic Revolution ETF (BATS:ARKG) bought 78,570 shares, while the ARK Innovation ETF (NYSE:ARKK) acquired a whopping 367,388 shares. The total value of these trades, calculated from the latest closing price of $59.10, is nearly $26.35 million.
According to a Benzinga report, Tempus AI’s revenue was up 35.8% year-over-year, with data and services revenue growing 44.6% to $80.2 …
Full story available on Benzinga.com
On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. (NASDAQ:TEM) and Coinbase Global Inc. (NASDAQ:COIN), while selling shares of ARK 21Shares Bitcoin ETF (NASDAQ:ARKB).
The Tempus AI Trade
Ark Invest purchased a significant number of shares of Tempus AI, despite the company’s stock tumbling after reporting mixed fourth-quarter financial results. The firm’s ARK Genomic Revolution ETF (BATS:ARKG) bought 78,570 shares, while the ARK Innovation ETF (NYSE:ARKK) acquired a whopping 367,388 shares. The total value of these trades, calculated from the latest closing price of $59.10, is nearly $26.35 million.
According to a Benzinga report, Tempus AI’s revenue was up 35.8% year-over-year, with data and services revenue growing 44.6% to $80.2 …Full story available on Benzinga.com Read More$BTC, ARK 21Shares bitcoin ETF, ARK Invest, ARK Invest ETFs, Ark Invest Management, ARKB, ARKB, ARKG, ARKK, ARKW, Bitcoin, Cathie Wood, COIN, Coinbase, Coinbase Global Inc, Equities, News, Shivdeep Dhaliwal, TEM, Tempus Ai, Markets, ETFs, COIN, US21254S1078, TEM, ARKW, ARKK, ARKG, $BTC, ARKB, News, Equities, Markets, ETFs, Benzinga Markets
