ARKK Sees Double Digit Rebound After Months of Negative Returns
March 24, 2022 at 11:22 AM EDT
The tide appears to be turning for the ARK Innovation ETF (NYSEArca: ARKK). After dropping in value by more than 54% over the past year, ARK Invest’s flagship fund had its best week ever, rising nearly 26% for the week ending March 18. The reversal of ARKK’s fortunes mirror that of other disruptive...
