Wood's flagship Ark Innovation has slid 34% over the past year and 74% from its February 2021 peak.
On the buy side, Ark funds purchased stock of retail host Shopify  (SHOP) for the second day in a row. It was 125,506 shares, valued at $5.5 million as of Friday’s close.
Wood was likely trying to benefit from Shopify’s 34% drop over the past year amid the slowdown in growth for e-commerce, as the pandemic has wound down.
To be sure, ...

Dear mooers,
There are only a few days before the New Year's bell rings. New year, new hope!
For most investors, 2022 is a roller coaster ride. As we approach the end of 2022, all three major US stock indexes are on track to break their 3-year winning streaks and have their worst year since 2008. Let's look at the performance of the —an indicator of US stock performance this year:
* S&P 500 index focuses on the larg...

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).
Make Your Choices
Buzzing Stocks List & Mooers Comments
The US market closed lower last week as various reports and data suggested tha...