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Cathie Wood-led Ark Invest on Tuesday shed nearly 12.6% of its stake in Snap Inc (NYSE:SNAP), continuing the investment firm’s months-long selling spree in the Snapchat parent. Ark Invest sold 198,442 shares, estimated to be worth about $14.56 million, in Snap via the Ark Fintech Innovation ETF (NYSE:ARKF).
...read full article on Benzinga
