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ARK Uses 'Wells Dip' to Stock Up Again on Coinbase Shares, Two Days After Selling

Coinbase shares tumbled 16% Thursday after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.

Updated Mar 24, 2023, 5:27 p.m. Published Mar 24, 2023, 3:34 a.m.
Cathie Wood, chief executive officer, ARK Invest (Marco Bello/Getty Images)
Cathie Wood, chief executive officer, ARK Invest (Marco Bello/Getty Images)