CoreWeave fell 15.46% on Oct. 14. ARK Invest bought 188,665 shares of the AI infrastructure company that day.
CoreWeave traded between $64.41 and $72.52 that day and closed at $65.78. At the closing price, 188,665 shares had an estimated market value of $12.4 million. That estimate does not establish what ARK paid for its purchase.
The stock recovered nearly 5% on Oct. 15, as EconoTimes reported in its account of the two-session move.
Elsewhere in its portfolio, ARK Invest reduced its holdings in Toast and Personalis. It also added shares of Cerebras, Recursion Pharmaceuticals and Meta Platforms.
Yields on CoreWeave bonds neared 15% on Oct. 14, a move covered in EconoTimes’ earlier report on the bonds.
