The Latest Breaking News from Ark Innovation

Cathie Wood's ARK Innovation is back on top. And amazingly, it's largely due to off-the-beaten path stocks not in the S&P 500.

ARK Invest's Cathie Wood is the one to beat when it comes to growth stocks. But it looks like Fidelity found a way to do it with S&P 500 stocks.

Her flagship Ark Innovation ETF has slumped 73% from its February 2021 peak, but has rebounded 38% this year.

Following underwhelming performance in two consecutive years, 2021 and 2022, Cathie Wood’s flagship fund, ARK Innovation (ARKK), is sporting approximately 34% year-to-date returns. ARKK’s portfolio focuses on disruptive innovation companies which have massive growth potential. So, let’s find out if ARKK is an ideal buy for June. Read on….

Wood's flagship Ark Innovation ETF has dropped 76% from its February 2021 peak, but has rebounded 24% so far this year.

Her flagship Ark Innovation ETF has slid 76% from its February 2021 peak, but has rebounded 23% so far this year.

Her flagship Ark Innovation ETF has slumped 76% from its February 2021 peak, but has gained 21% so far this year.

Her flagship Ark Innovation ETF has lost 32% in the last 12 months, but has bounced back 14% so far this year.

Her flagship Ark Innovation ETF has lost 31% in the last 12 months, but has bounced back 11% so far this year.