Ark adds $171 million Tesla shares as short bets on ETF soar

Ark adds $171 million Tesla shares as short bets on ETF soar

3 years ago
Anonymous $rH7oE7DjRg

https://www.reuters.com/article/us-tesla-ark-innovation/ark-adds-171-million-tesla-shares-as-short-bets-on-etf-soar-idUSKBN2AO0ZM

Cathie Wood's Ark Invest funds bought a further $171 million of Tesla shares on Tuesday, the fund group said on Wednesday, after the electric carmaker's stock fell sharply and closed below $700 for the first time this year.