|Day's Range||2.2300 - 2.3600|
If the plaintiffs prevail, Coinbase and other companies requiring their customers to agree to arbitrate disputes could see more costly, time-consuming, and public litigation.
Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) led the way higher, but gains for the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) were also quite respectable. Market participants seemed to feel more comfortable about the prospects for financial stocks, and that helped to feed optimism more broadly across the stock market. Two of the best performers in the stock market were among investors' favorite stocks to follow in 2022.