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The ARK Innovation ETF (ARKK) stock price is down 30% in 3 months. It still looks risky! More on: One of today’s most widely watched US ‘hot stocks’ is the ARK Innovation ETF(NYSE: ARKK). This exchange-traded fund has New York-listed shares that trade just like other stocks. Launched on 30 October 2014 and managed by Cathie Wood, the ARKK stock price has delivered blockbuster gains for shareholders, especially in 2020/21. But its runaway success has reversed recently, so is it time to back or bin Cathie Wood? The ARKK stock price explodes and then implodes ARK Investment Management specialises in buying companies that display ‘disruptive innovation’. By their very nature, these businesses are modern, highly tech-enabled firms seeking to dethrone incumbent players. The ARK Innovation ETF is the group’s flagship fund, with net assets of $23.1bn at end-April. Typically, ARKK holds 35 to 55 stocks, heavily concentrated in the communication, healthcare, technology, and

United kingdomNeil woodfordLegg masonCathie woodTom gardnerWarren buffett berkshire hathawayMotley fool coNew york listedBill millerEven warren buffettBerkshire hathawayMotley fool co founder tomFrom the motleyஒன்றுபட்டது கிஂக்டம்நீல் உட்ஃபோர்ட்கால் கொத்தனார்