Cathie Wood’s Ark Loses Nearly $50 Billion in Assets Since 2021 Peak
Cathie Wood’s Ark Investment Management has lost nearly $50 billion in assets from its stable of exchange-traded funds since its 2021 peak, underscoring the scale of this year’s losses in speculative tech stocks. Total assets across Ark’s nine ETFs fell to $11.4 billion from a high of $60.3 billion in February last year, according to …
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