Cathie Wood's Ark Invest buys $21 million in Block as stock drops 6%
Cathie Wood's Ark Invest buys $21 million in Block as stock drops 6%
Ark Invest bought $21 million worth of Block Inc. and $2.3 million worth of SpaceX shares on Thursday.Block’s stock fell 6.15% on Thursday as the company posted rising operating expenses in Q2, despite cutting 40% of its workforce in February.
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