(Reuters) Cathie Wood’s ARK Investment Management bought more than a million shares of Twitter Inc (TWTR.N), a day after Jack Dorsey stepped down as the chief executive of the social networking site. ARK acquired 1.1 million Twitter shares worth $48.9 million at Tuesday’s closing price of $43.94, according to the firm’s daily trade report. They had lost 3.4% after opening lower.
Cathie Wood’s ARK buys a million Twitter shares after Dorsey steps down
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