Reported 13 days ago
Cathie Wood's Ark Invest made notable trades by purchasing $4.5 million worth of PayPal shares and $3.5 million in Pinterest shares while selling a portion of its holdings in Palantir. The investment firm added over 57,000 shares of PayPal as it strategically aims to expand in the U.S. payment market, and picked up more than 115,000 shares of Pinterest following its mixed quarterly results. Additionally, Ark sold off its stake in its Bitcoin ETF amid a fluctuating cryptocurrency market.
Source: YAHOO