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Why Is $ZY Trading Higher Today?
Description
Shares of Zymergen ($ZY@US) are trading higher on Thursday morning after Cathie Wood’s Ark Investment Management ($ARKK@US) bought 2.46 million shares, worth around $20 million, on Wednesday. The company initially IPOed at $31 but closed Wednesday at only $8.25. At press time, the company is trading 4.7% higher to $8.64.
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