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Top News In Wood Etfs Today - Breaking & Trending Today
by Tyler Durden Thursday, Apr 01, 2021 - 02:43 PM In these bubbly days, imitation appears to be be the sincerest form of fattening up investor returns. In hopes of recreating the investor confusion ramps observed so often in late 2017 when companies scrambled to pivot into crypto by adding blockchain to their names in hopes of sparking buying interest, Bloomberg reports that a new SPAC - the New York-based 5G Edge Acquisition Corp - filed paperwork earlier this week to go public under the symbol “ARK”, which just coincidentally is strikingly similar to Cathie Wood’s popular ARK ETF tickers. While it is possible that the name naming of the 5G SPAC is just a creative consultant gone wild, the most likely explanation is that in hopes of piling on buzzwords to prompt confused retail investors to just ....
Ark founder Cathie Wood's fund lineup rebounds after rotation pummels ETFs financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
Cathie Wood’s Top 10 Stock Picks Ark Investment’s Cathie Wood has become one of the most popular hedge fund managers and investors, thanks to her successful bets on technology, EV companies, biotech and DNA sequencing. The 65-year-old is, however, facing a difficult time as tech stocks begin to lose value and small biotech companies in which Ms. Wood’s ETFs have big positions are posting heavy losses. According to data from FactSet, two main ETFs of Cathie Wood posted their biggest losses since the stock market’s crash of March 2020. ARK Innovation Fund is also down 5% over the last 30 days. ....