Cathie Wood's Ark Invest Purchases Over $30M of Shopify Shares Amid Q1 Numbers-Driven Plunge; Adds Reddit Shares To Kitty — Offloads Coinbase Stock As Bitcoin Declines – Benzinga

Cathie Wood’s Ark Invest recently made some significant moves in their investment portfolio. They purchased over $30 million worth of Shopify shares during a plunge driven by Q1 numbers. In addition to this, they also added Reddit shares to their holdings. However, they decided to offload their Coinbase stock as the value of Bitcoin declined. These strategic decisions highlight Ark Invest’s adaptability in navigating the ever-changing market landscape.

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