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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Scoops Up $1.2M More In This Crypto-Linked Fintech On The Dip

Cathie Wood Coinbase fintech Ark Invest Ark Investment Management Coinbase Global Inc Nasdaq Jamie Dimon NYSE Cryptocurrency

Cathie Wood-led Ark Investment Management on Wednesday further raised its exposure in Coinbase Global Inc (NASDAQ:COIN) as it scooped up 17,382 shares, estimated to be worth $1.19 million, in the cryptocurrency exchange.

Shares of the cryptocurrency exchange platform closed 12.1% lower at $68.6 on Wednesday. The stock is down 72.6% year-to-date.

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