Shopify

Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

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Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

Cathie Wood’s Ark Invest made significant trades on Monday, including the purchase of shares in Shopify Inc. and Advanced Microdevices Inc. The Ark Fintech Innovation ETF purchased 34,060 Shopify shares, valued at around $2 million. Despite Shopify reporting a loss in the first quarter of 2024, Ark Invest saw potential in the company and made … Read more

Ark Invest, led by Cathie Wood, purchases AMD shares as part of its continued Shopify stock acquisition spree

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Ark Invest, led by Cathie Wood, made significant trades on Monday, including purchasing shares of Shopify Inc. (SHOP) and Advanced Microdevices Inc. (AMD). Ark Invest’s Ark Fintech Innovation ETF acquired 34,060 shares of Shopify, valued at approximately $2 million, after the company released its first-quarter earnings report. Despite Shopify reporting a loss of $273 million, … Read more