coin-img-ETHETH-6.23%coin-img-SPCXBSPCXB-9.57%coin-img-BTCBTC-5.41%coin-img-SOLSOL-7.50%coin-img-XRPXRP-6.32%coin-img-USDCUSDC+0.05%coin-img-HYPEHYPE-10.04%coin-img-TRXTRX-0.72%coin-img-ETHETH-6.23%coin-img-SPCXBSPCXB-9.57%coin-img-BTCBTC-5.41%coin-img-SOLSOL-7.50%coin-img-XRPXRP-6.32%coin-img-USDCUSDC+0.05%coin-img-HYPEHYPE-10.04%coin-img-TRXTRX-0.72%coin-img-ETHETH-6.23%coin-img-SPCXBSPCXB-9.57%coin-img-BTCBTC-5.41%coin-img-SOLSOL-7.50%coin-img-XRPXRP-6.32%coin-img-USDCUSDC+0.05%coin-img-HYPEHYPE-10.04%coin-img-TRXTRX-0.72%coin-img-ETHETH-6.23%coin-img-SPCXBSPCXB-9.57%coin-img-BTCBTC-5.41%coin-img-SOLSOL-7.50%coin-img-XRPXRP-6.32%coin-img-USDCUSDC+0.05%coin-img-HYPEHYPE-10.04%coin-img-TRXTRX-0.72%

Coinbase shares rise after Cathie Wood’s ARK buys $18.4 million of COIN stock

Cathie Wood’s ARK Invest bought 111,799 shares of Coinbase across three ETFs for $18.4 million, including 82,556 shares via ARKK worth $13.61 million. After the disclosure, COIN rose 2.30% to $168.70 in premarket trading on Thursday, June 18. Wall Street views were mixed, with some firms maintaining or reiterating buy ratings and price targets up to $330, while Barclays kept an underweight rating and a $107 target.
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