ARK Invest bought $32.5 million worth of SpaceX stock yesterday in a "buying the dip" move.
BlockBeats News, June 23rd, Cathie Wood's ARK Invest increased its stake in SpaceX by 210,121 shares yesterday, totaling approximately $32.5 million.
At the close of the U.S. stock market on Monday, SpaceX plummeted by 16.4% to $154.6, falling below its IPO's first-day closing price. The market value evaporated by about $400 billion, marking the second-largest single-day market cap loss in global corporate history.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Updated Version 1 - Qualcomm and Apple Extend Chip Licensing Agreement
Qualcomm Renews Patent License Deal With Apple
Litecoin token has its moment as network activity booms
Crypto prices
More
