ARK Invest Offloads $110M in Circle Stock Amid Price Surge

ARK Invest Offloads $110M in Circle Stock Amid Price Surge

Cathie Wood’s ARK Invest has initiated a significant reduction in its exposure to Circle Internet Group (NYSE: CRCL), selling $109.6 million worth of stock just days after a prior $243 million divestment. ARK Invest continued its selloff of Circle shares on Monday, liquidating 415,844 shares valued at $109.6 million, according to regulatory disclosures. The transaction represents ARK’s fourth major divestment since June 16, occurring shortly ...

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