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Cathie Wood's Clever Move: How Ark CEO Stayed Cool Amid Arm IPO Hype

Cathie Wood, one of the most renowned female investment professionals on Wall Street, manages nearly $60 billion in assets through her investment management firm ARK Invest. Her flagship fund, Ark Innovation ETF (NYSE:ARKK), has delivered average returns of 45% annually over the past five years and was one of the best-performing exchange-traded funds (ETFs) in 2021, driven by the tech boom. Nonetheless, Wood's ETFs took a big hit last year amid the tech rout. British chipmaker Arm Holdings plc's ....

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