Rechercher dans ce blog

Friday, March 5, 2021

Cathie Wood's Ark Innovation fund drops 14% on week, wiping out all 2021 gains - CNBC

sedar.indah.link
Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018.
Alex Flynn | Bloomberg | Getty Images

Ark Invest's flagship fund, Ark Innovation, took a beating this week amid the sell-off in innovation names pressured by rising interest rates.

Shares of the ETF are down more than 14% this week and, off 30% from its all-time high. The fund is has wiped out all of its 2021 gains this week, down more than 10% for the year.

Shares of Ark Innovation lost nearly 6% on Friday.

Staying the course, Wood took the tech wreck this week as an opportunity to buy the dip in some of her ETF's top holdings.

Let's block ads! (Why?)



"wood" - Google News
March 05, 2021 at 11:06PM
https://ift.tt/3qojleq

Cathie Wood's Ark Innovation fund drops 14% on week, wiping out all 2021 gains - CNBC
"wood" - Google News
https://ift.tt/3du6D7I

No comments:

Post a Comment

Featured Post

The Best Furniture for Small Spaces, According to 8 Designers - Architectural Digest

sedar.indah.link Choosing furniture for small spaces can be a headache. With sky-high rents and property prices in urban areas like New Yor...

Popular Posts