On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.
The Shopify Trade
Ark Invest’s ETFs, including Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 313,923 shares of Shopify on Monday. This move came after the company released its first-quarter earnings report earlier in the month. The trade was valued at approximately $18.45 million, based on Shopify’s closing price of $58.78 on the day.
Earlier this month, Benzinga reported that Shopify’s shares had tanked after the company reported its first-quarter results, with analysts expressing concerns about the company’s profitability.
The Block Inc Trade
On the same day, Ark Invest sold a total of 110,334 shares of Block …
Full story available on Benzinga.com
On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.
The Shopify Trade
Ark Invest’s ETFs, including Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 313,923 shares of Shopify on Monday. This move came after the company released its first-quarter earnings report earlier in the month. The trade was valued at approximately $18.45 million, based on Shopify’s closing price of $58.78 on the day.
Earlier this month, Benzinga reported that Shopify’s shares had tanked after the company reported its first-quarter results, with analysts expressing concerns about the company’s profitability.
The Block Inc Trade
On the same day, Ark Invest sold a total of 110,334 shares of Block …
Full story available on Benzinga.com
On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares.
The Shopify Trade
Ark Invest’s ETFs, including Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), and ARK Next Generation Internet ETF (NYSE:ARKW), purchased a total of 313,923 shares of Shopify on Monday. This move came after the company released its first-quarter earnings report earlier in the month. The trade was valued at approximately $18.45 million, based on Shopify’s closing price of $58.78 on the day.
Earlier this month, Benzinga reported that Shopify’s shares had tanked after the company reported its first-quarter results, with analysts expressing concerns about the company’s profitability.
The Block Inc Trade
On the same day, Ark Invest sold a total of 110,334 shares of Block …Full story available on Benzinga.com Read More$BTC, ARK Invest ETFs, Ark Invest Management, ARKF, ARKK, ARKW, Block, Block Inc, Cathie Wood, Equities, Jack Dorsey, News, Shivdeep Dhaliwal, SHOP, Shopify, SQ, Square, Markets, ETFs, ARKW, ARKK, SHOP, SQ, ARKF, $BTC, News, Equities, Markets, ETFs, Benzinga Markets
