Cathie Wood Watch: Ark Piles Into Coinbase and a Videogame Platform

Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks.

That included a cryptocurrency exchange and a videogame-development platform. She did some selling, too. All valuations below are based on the May 12 close.

Ark funds bought 240,791 shares of Coinbase (COIN) , the largest US cryptocurrency exchange, valued at $ 14.1 million. The stock has plunged 72% year to date amid weakness in the cryptocurrency market. To be sure, Coinbase has rebounded on May 13.


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