![]() Thursday’s move follows the sale of 3.9 million shares on Wednesday. Zello sold for about ً 121 million on Thursday, closing at $ 67.28. Kathy Wood’s Arc Investment Management dropped shares of Zello for the second day in a row on Thursday, after snatching shares of an online real estate firm earlier on Tuesday.Īccording to the Daily Trading Update, Woods Arc Innovation ETF sold 1.8 million Zello shares on Thursday. Sign up here for our daily newsletter, 10 things before the bell rings.Wood’s ARKK ETF sold 1.8 million Zello shares on Thursday after distributing 3.9 million shares on Wednesday.The sale is a change from the firm’s purchase on Tuesday, when Arc snatched the shares as the price fell.Kathy Wood’s Arc Invest dropped its second straight day on Thursday. ![]() Kathy Wood, CEO and founder of ARK InvestĪrc Invest (wood) and Paolo Gonchar / Supa Images / Light Rocket by Getty Images (Zello)
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