Catherine Wood hugely successful Ark Investment fund has hit rocky water. As the shorters gather, we ask: what’s next?
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Catherine Wood hugely successful Ark Investment fund has hit rocky water. As the shorters gather, we ask: what’s next?
To receive the latest in style, watches, cars and luxury news, plus receive great offers from the world’s greatest brands every Friday.
It’s been a rocky year for Catherine Wood’s Ark fund. In March, a Yahoo finance story ran with the headline ‘Why Cathie Wood’s once hot Ark Innovation ETF has lost all its 2021 gains’. In the piece Brian Sozzi, that publication’s editor at large wrote that “What goes up in the stock market inevitably goes down” noting that Wood’s Ark Invest fund had been “one of the hottest ETFs of 2020.” Sozzi goes on to note that in early March Wood’s fund had lost “all of its gains for 2021” when the the ETF shed 5.5%.
It’s been a rocky year for Catherine Wood’s Ark fund. In March, a Yahoo finance story ran with the headline ‘Why Cathie Wood’s once hot Ark Innovation ETF has lost all its 2021 gains’. In the piece Brian Sozzi, that publication’s editor at large wrote that “What goes up in the stock market inevitably goes down” noting that Wood’s Ark Invest fund had been “one of the hottest ETFs of 2020.” Sozzi goes on to note that in early March Wood’s fund had lost “all of its gains for 2021” when the the ETF shed 5.5%.
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Discover the perks of being a member
| Clubhouse Membership | |
|---|---|
| Two Magazines per yearDelivered to your door | |
| Full Access to Paywall contentAccess to all member-only online features | |
| Membership Cardto redeem all the perks. | |
| Members Invites to Exclusive Eventsto private Clubhouse events | |
| Weekly newsletter Straight to your inbox | |
1 year £39.99 Equivalent to £3.33/month |
