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ARK Invest Continues to Offload Coinbase Shares as Prices Surge

Summary by Clayton County Register
Cathie Wood’s ARK Invest made another round of sales, disposing of Coinbase (COIN) shares for the third consecutive day. The move comes as Coinbase’s share price continues to hover near a 19-month high. According to a statement received via email, ARK Invest sold a total of 180,422 shares, which could have yielded $24.3 million based on the closing price of $134.63. On Tuesday, shares reached as high as $147.86 before slightly receding. The sale…
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Clayton County Register broke the news in Elkader, United States on Thursday, December 7, 2023.
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