Ark Invest bought $4.4 million in Bullish shares after the crypto exchange’s stock fell for five trading days and then posted a small rebound.
Summary
- Ark Invest bought $4.4 million in Bullish shares across ARKK, ARKW, and ARKF this week.
- Bullish stock rebounded 1.88% after a five-day slide but remains lower over one month overall.
- Bullish reported a $604.9 million first-quarter loss while adjusted revenue rose to $92.8 million year-over-year.
Cathie Wood’s Ark Invest bought Bullish shares across three exchange-traded funds this week. The purchases went into ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
The firm bought…
