Cathie Wood’s Ark Invest buys $21 million in Block as stock drops 6%

AI Summary Block's stock fell 6.15% on Thursday as the company posted rising operating expenses in Q2, despite cutting 40% of its workforce in February. fulltext: 141 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.theblock.co/post/411075/cathie-wood-ark-invest-buys-21-million-block?utm_source=rss&utm_medium=rss Source: The Block