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Ark Invest buys $14 million of Circle stock, cuts Robinhood stake
Circle shares were down 1.7% on Thursday, extending a one-month decline of 20.2%, as Ark Invest added new exposure through the purchase.
Cathie Wood's Ark Invest bought $14 million worth of Circle Internet Group shares while also offloading Robinhood shares, according to The Block.
The Block noted that Circle stock fell 1.7% during Thursday's trading session.
That decline extended Circle's one month drop to 20.2%.
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