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Cathie Wood’s Ark Invest sold more shares in Coinbase Global Inc (NASDAQ:COIN) on Thursday even as the largest U.S. cryptocurrency exchange’s stock pared losses a day after sinking 8% on dismal third-quarter results that fell short of investors’ expectations. Ark Invest sold 155,974 shares — estimated to be worth $52.46 million — in Coinbase via two of its active exchange-traded funds.
...read full article on Benzinga
