ARK Invest CRASH
ARK Invest continues to crash as the market corrects. Cathie Wood has attempted to share her perspective on the ARKs ETF but the sell off has been unrelenting. ARK Invest is filled with ETFs the hold lots of stocks that are overvalued based on fundamentals. Most of the companies don’t have earnings and are early stage with long runways to profitability. ARK invest crash continues and is underperforming the broader market with several of its holdings dropping 70-80%.
#shorts #arkinvest #stocks