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0.000373552484124078 0.00186776242062012 0.000373552484124078 -0.000560328726185918 -0.00597683974598418 -0.0108330220395965 -0.00896525961897641 -0.00821815465072838
Stock impact report

ARK Invest Boosts Gene-Editing Bets While Cutting Consumer Tech Exposure [Yahoo! Finance]

Beam Therapeutics Inc. (BEAM) 
Company Research Source: Yahoo! Finance
selectively reducing exposure to consumer technology, diagnostics, and space-related companies. Recent trades across the firm's ETFs point to a growing conviction in gene-editing and genomics, highlighted by a sizable buildup in Beam Therapeutics ( NASDAQ:BEAM ). Across ARK Innovation ( ARKK ) and ARK Genomic Revolution ( ARKG ), ARK accumulated more than 195K shares of Beam, valued at roughly $5.4 billion, marking one of the firm's most aggressive recent allocations and reinforcing its focus on base-editing approaches aimed at correcting disease-causing mutations. Warning! GuruFocus has detected 1 Warning Sign with NVO. Is ARKK fairly valued? Test your thesis with our free DCF calculator. That same precision-medicine theme continued across several other purchases. ARK added roughly 236K shares of Intellia Therapeutics, extending buying activity from the prior week, while also increasing its stake in Pacific Biosciences of California ( NASDAQ:PACB ) by more than 423K shares to d Show less Read more
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