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If youâre interested in investing in Cathie Wood stocks, you might want to overlook the fact that the star portfolio manager has destroyed a considerable amount of wealth over the past decade.
According to a report from Morningstar, the head of Ark Invest has destroyed an estimated $14.3 billion in the past 10 years, with the flagship, ARK Innovation ETF (NYSEARCA:ARKK), topping the wealth destruction at $7.1 billion. In 2024, ARKK is down more than 6%; over the past year, itâs lost n...
>>> Read more: If You Can Only Buy One Cathie Wood Stock in July, It Better Be One of These 3 Names
According to a report from Morningstar, the head of Ark Invest has destroyed an estimated $14.3 billion in the past 10 years, with the flagship, ARK Innovation ETF (NYSEARCA:ARKK), topping the wealth destruction at $7.1 billion. In 2024, ARKK is down more than 6%; over the past year, itâs lost n...
>>> Read more: If You Can Only Buy One Cathie Wood Stock in July, It Better Be One of These 3 Names
