Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut

Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut

The Star Online - Tech·2024-03-22 19:01

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit in the social media platform's strong market debut on Thursday, an email from the asset manager showed.

A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF and ARK Fintech Innovation ETF, according to the email from late on Thursday.

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