Amid A Crypto Rally, Cathie Wood's Ark Invest Sells Coinbase, Grayscale Bitcoin Trust, Buys Robinhood Shares
Portfolio Pulse from Benzinga Neuro
Cathie Wood's Ark Invest sold shares of Coinbase Global Inc and Grayscale Bitcoin Trust, and bought shares of Robinhood Markets Inc and Moderna Inc. The sales were made amid a surge in Bitcoin prices. The transactions were made through various Ark ETFs.
October 24, 2023 | 2:43 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ark Invest bought shares of Robinhood Markets Inc.
The purchase of Robinhood shares by Ark Invest could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ark Invest bought shares of Moderna Inc.
The purchase of Moderna shares by Ark Invest could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ark Invest sold shares of Coinbase Global Inc amid a surge in Bitcoin prices.
The sale of Coinbase shares by Ark Invest could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ark Invest sold shares of Grayscale Bitcoin Trust amid a surge in Bitcoin prices.
The sale of Grayscale Bitcoin Trust shares by Ark Invest could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Ark Invest sold shares of NVIDIA Corp.
The sale of NVIDIA shares by Ark Invest could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100