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Cathie Wood’s flagship fund is in danger of plunging below its lowest close in the pandemic crash, threatening another ignominious milestone for the ETF at the heart of a market backlash against speculative tech.
Wood’s main ETF is the standard-bearer for the brutal selloff in expensive tech shares sweeping Wall Street as inflation surges and policy makers rush to raise interest rates aggressively. That pressure hurts bets on profitle...
Wood’s main ETF is the standard-bearer for the brutal selloff in expensive tech shares sweeping Wall Street as inflation surges and policy makers rush to raise interest rates aggressively. That pressure hurts bets on profitle...
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$ARK Innovation ETF(ARKK.US$ the main fund of ARK Invest, founded by Wood and serving as chief investment officer, fell 10% in intraday trading on Thursday and closed down nearly 9%, the fourth largest decline in history since its inception in October 2014. This was followed by three one-day declines at the beginning of the U.S. outbreak in March 2020.
ARKK once fell nearly 8% on Friday and closed down 4.4%, closin...
ARKK once fell nearly 8% on Friday and closed down 4.4%, closin...
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Spoiler:
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upward, Russell 2000 Index gr...
At the end of this post, there is a chance for you to win points!
Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
Part Ⅰ: Make Your Choices
Part Ⅱ: Buzzing Stocks List & Mooers Comments
Every major index moved upward, Russell 2000 Index gr...
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