Rally in Cathie Wood’s Fund Offers Hint of Optimism in Slumping Market

Investors hunting for bargains in the stock market carnage are hunting for shares of a longtime favorite: Cathie Wood’s ARK Innovation exchange-traded fund.

Shares of the fund, which are mostly growth-driven technology companies, have gained 17% since bottoming on May 11. They have outperformed the S&P 500 index, up 4.4% over same period.

https://www.wsj.com/articles/rally-in-cathie-woods-fund-offers-hint-of-optimism-in-slumping-market-11654374003?mod=rss_markets_main Rally in Cathie Wood’s Fund Offers Hint of Optimism in Slumping Market

Edmund DeMarche

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