Ark Invest buys $37 million worth of shares in Jack Dorsey’s Block Inc

Bullish+3.12%
1 Sep, 04:57
Source: The Block

AI Summary

Ark Invest purchased $37 million worth of Block Inc shares following the company's strong Q2 results and raised full-year profit forecast to $12.5 billion.

Last month, Ark had purchased a bulk of Block shares after its second-quarter results that raised its full-year profit forecast to $12.5 billion