ARK Investment Management Reduces $26M in Coinbase Global, Inc. ($COIN)
Key Points
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ARK Investment Management trimmed its position in Coinbase Global, Inc. ($COIN) by 6.65% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,372,884 shares of Coinbase Global, Inc. after selling 169,044 shares during the quarter. ARK Investment Management's holdings in Coinbase Global, Inc. were worth $359.85 million as of its most recent filing.
Coinbase Global, Inc. Stock Down 15.1%
Shares of Coinbase Global, Inc. ($COIN) traded around $151.65 on Saturday, down 15.1% for the day.
Coinbase Global, Inc. Earnings
Analysts Set New Price Targets
About Coinbase Global, Inc.
Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. It provides the primary financial account in the crypto economy for consumers; a brokerage platform with a pool of liquidity across the crypto marketplace for institutions; and a suite of products granting access to build onchain for developers. The company was founded in 2012 and is based in New York, New York.
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