Home Coinbase Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets

Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets

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Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets


Three funds of Cathie Wood’s Ark Investment Management bought a combined total of 546,579 shares of Coinbase Global (COIN) on Wednesday, Ark said in its daily trading update email. Coinbase shares tumbled in post-market trading on Tuesday after the exchange reported disappointing first-quarter earnings. Shares fell 26% to $53.72 on Wednesday.

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