Ark Invest sold approximately $13.3 million worth of a certain exchange's stock yesterday
According to a report by The Block cited by Jinse Finance, Ark Invest sold 34,207 shares of a certain exchange’s stock on Tuesday, valued at approximately $13.3 million, after the stock set a record closing price on Monday. In addition, due to holding ratio restrictions, Ark Invest also sold spot Bitcoin ETFs worth $8.7 million. The exchange’s stock closed up 1.8% on Monday at a record $394.01, with its market capitalization surpassing the $100 billion mark for the first time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jefferies raises Tesla's target price to $400
Goldman Sachs (GS.US) stock plunges 22% into bear market, financial report becomes the key to a breakthrough
Goldman Sachs' market value evaporated by several billions, with its share price down more than 22% from the year's high. Despite Q3 revenue exceeding expectations, a 41% drop in M&A activity and a slowdown in IPOs have dampened market sentiment. Analysts project a 12% revenue increase in Q4, but technical indicators suggest there is further downside risk to $783. Rumors about management transitions have also drawn attention.
Delivery soared by 85% but failed to prevent the death cross; Rivian (RIVN.US) dilution risk sparks panic
Despite the R2 model driving an 85% year-on-year increase in deliveries, Rivian's stock price continues to decline due to technical death cross, high short interest, and risks of equity dilution, facing a severe market test.
Crypto prices
More
