Ark Invest Sells $7.4 Million Worth of BioNTech Shares
Cathie Wood's Ark Genomic Revolution ETF sold over 122,000 shares of BioNTech for approximately $7.4 million in early July 2026, reducing its stake to just 307 shares valued at around $28,000. The move suggests a strategic shift as the fund reallocates capital amid underperformance and financial challenges faced by BioNTech.
Topics: Ark Invest ARKG ETF BioNTech stock sales