Cathie Wood ‘Bargain Hunts’ Coinbase

Cathie Wood 'Bargain Hunts' Coinbase

Noted investor Cathie Wood’s ARK Invest made its largest investment in Coinbase’s (COIN) stock since Dec. 14 on Thursday, adding about $5.5 million of the crypto exchange’s shares, based on closing prices. The firm bought more than 158,000 shares for its ARK Fintech Innovation ETF. Coinbase’s stock closed at $34.78 in New York Thursday, up roughly 7%. The shares have fallen 86% this year.

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