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Ark sells over 600,000 shares of Circle stock on June 20, earning approximately $243 million in net profit from three recent sales
Summary: According to reports, due to CRCL stock soaring nearly 250% since its public listing, Cathie Wood's ARK Invest has increased its selling pressure on Circle. ARK sold 609,175 shares of Circle stock worth $1.462 billion on Friday (June 20) from its three funds. This sale comes as the company's stock price rose 20.4% on June ...
According to reports, due to CRCL stock soaring nearly 250% since its public listing, Cathie Wood's ARK Invest has increased its selling pressure on Circle. ARK sold 609,175 shares of Circle stock worth $1.462 billion on Friday (June 20) from its three funds. This sale comes as the company's stock price rose 20.4% on June 20, closing at $240.3, up 248% from the opening price of $69 on the New York Stock Exchange on June 5. The latest sale is ARK's third sale in the past week, totaling 1.25 million shares of CRCL stock, earning approximately $243 million in net profit based on the daily closing price.
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Link: Ark sells over 600,000 shares of Circle stock on June 20, earning approximately $243 million in net profit from three recent sales [Copy]
