​Investors Pull $2.2 Billion From ARKK In 2024 As Cathie Wood Underperforms Nasdaq By -30% YTD – Tyler Durden

Investors Pull $2.2 Billion From ARKK In 2024 As Cathie Wood Underperforms Nasdaq By -30% YTD Cathie Wood appears to be doing what she does best: buying the ‘dip’ in an overvalued market, socking away aggressively valued companies that have a knack for plunging far further than market indexes on selloffs. The ARKK fund manager is buying shares of Amazon.com Inc., Advanced Micro Devices Inc. and Roku Inc. amidst the recent market volatility, Bloomberg reported this week.  But ARKK closed at its lowest levels since November and at YTD lows on Wednesday, amidst the volatility, while the NASDAQ was still in…  — Continue at ZeroHedge News : Read More