Cathie Wood Invests $19 Million More in Block, Sells Shopify Shares

Cathie Wood's Ark Invest bought Block shares and sold Shopify shares in big trades on Monday.

Tue, Aug 12, 25

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Ark Invest bought Block shares worth $19.2 million across different funds. They sold Shopify shares worth $10.3 million. Block's earnings were a little lower than expected, but the Cash App is doing well.

Bitcoin is trading near its highest price. Shopify had good results with 31% growth. Ark also traded other healthcare and technology stocks.

Original Article

https://www.benzinga.com/news/25/08/47048963/cathie-wood-bets-19-million-more-on-jack-dorseys-block-amid-bitcoins-all-time-high-push-dumps-shopify-stock

Comprehension Quiz

Question 1 of 30 Correct

What was the exact value of Block shares bought by Ark Invest?

$19.2 million

$10.3 million

$18.4 million

$31 million

Select an answer above

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