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Ark Invest Sells ARKBCoinGape
•57% Informative
Cathie Wood-led investment management firm Ark Invest has once again made global headlines with its trade strategies.
Ark Invest sold 118,209 ARKB , worth nearly $77.56 million , on July 24 .
Instead, the firm bought 33,143 TSLA shares, worth approximately $71.58 million .
This decision comes after the Elon Musk-led firm filed its Q2 earnings report.
This report resulted in a 12% drop in the Tesla stock price, causing a market bustle.
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