Ark Invest Buys $4.4M in Bullish Stock on Monday and Tuesday, Following 5-Day Decline

BLSH1.17%
According to ChainCatcher, Ark Invest purchased approximately $4.4 million in Bullish stock on Monday and Tuesday (May 19–20) through three exchange-traded funds: ARKK, ARKW, and ARKF. The company bought 52,308 shares on Monday and 69,712 shares on Tuesday. This purchase followed a five-day decline in Bullish's stock price, which fell 15.4% cumulatively; however, the stock rebounded 1.88% on Tuesday, closing at $36.23. Bullish disclosed mixed first-quarter results last week, posting a net loss of $604.9 million while adjusted revenue grew to $92.8 million from $62.4 million year-over-year.
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