Shares of Coinbase Global (COIN) plunged 26.4% in post-market trading on Wednesday, after reporting disappointing first-quarter earnings.
Three funds of Cathie Wood’s ARK Investment Management bought a combined total of 546,579 shares of Coinbase Global (COIN), Ark said in an email on Thursday. Coinbase shares were down 26.4% to $52.35 in post-market trading on Wednesday.0 seconds of 5 minutes, 23 secondsVolume 90%
- ARK Innovation ETF, or AARK, bought 360,855 Coinbase shares, 0.252% of the fund’s investments.
- ARK Next Generation Internet ETF, or ARKW, bought 62,602 shares, making Coinbase 0.2397% of the fund’s investment.
- ARK Fintech Innovation ETF, or ARKF, bought 123,122 Coinbase shares, comprising 0.7747% of the fund’s investment.