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Cathie Wood’s money managing firm Ark Invest on Wednesday sold more shares in Coinbase Global Inc (NASDAQ:COIN) as the largest U.S. cryptocurrency exchange’s stock continued to fall weeks after reporting third quarter results that fell short of investors’ expectations. Ark Invest sold 17,026 shares — estimated to be worth $5 million based on the latest closing price — in Coinbase.
...read full article on Benzinga
