Svmuu News: Cathie Wood’s investment firm, Ark Invest, has purchased a total of $4.4 million in Bullish stock across three of its ETFs so far this week. The stock saw a slight rebound on Tuesday after falling over the past five trading days.
According to Ark’s daily trading statement, the company bought 52,308 shares of Bullish on Monday and another 69,712 shares on Tuesday. Based on each day’s closing price, the total purchase amount was approximately $4.4 million. Bullish shares have fallen 15.4% cumulatively over the past five trading days, but rebounded 1.88% on Tuesday to close at $36.23. Despite the modest recovery, the stock is still down 16.7% over the past month. (The Block)