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Cathie Wood's flagship Ark fund plummets 7% as tech sell-off deepens

1 month ago   |   By

Ark Invest founder and CEO Cathie Wood. Ark Invest; Insider
Cathie Wood's flagship ARK Innovation ETF sank Friday as the sell-off in tech shares deepened.
The actively managed fund slipped as much as 7.3% to its lowest in more than a year on Friday.
Benefitting from Wood's slump, however, is the Tuttle Capital Short Innovation ETF, which is up by 6%.
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Cathie Wood's flagship ARK Innovation exchange-traded fund sank Friday as the sell-off in technology shares deepened. The actively managed ETF, which trades under the...
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