The Twitter logo is seen on a phone.
Alastair Pike/AFP via Getty Images
Cathie Wood’s ARK exchange-traded funds purchased nearly 1.05 million shares of Twitter on Tuesday, before the social media company reported that third-quarter revenue jumped 37% from a year earlier.
Wood’s ARK Innovation ETF purchased 948,826 shares of Twitter , while the ARK Next Generation Internet ETF bought 97,718 shares, according to the daily trades posted by the ARK funds. Twitter closed Tuesday at $61.43, down 1.1%.
