Home › Creativity › ARK Investment Management purchases 1M twitter shares after Jack Dorsey’s departure

ARK Investment Management purchases 1M twitter shares after Jack Dorsey’s departure

By on • ( 0 )

ARK Investment Management purchased more than 1 million shares of Twitter Inc a day after its former CEO Jack Dorsey stepped down from the company.

According to the firm’s daily trade report, ARK acquired 1.1 million Twitter shares worth $48.9 million at Tuesday’s closing price of $43.94.

Shares of Twitter Inc lost 3.4% of their value after opening lower on Wednesday. On Monday, after Twitter its Chief Technology Officer Parag Agrawal as the CEO, its shares closed down by 2.7%.

‹
›

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: