Despite a Tough Year, Cathie Wood Is Still Up Big on These 3 Stocks
Investors did not have a fun year in 2022. But few struggled more than Cathie Wood and her company Ark Invest, which oversees a number of exchange-traded funds (ETFs) highly focused on the growth, tech, and crypto sectors.
The Ark Fintech Innovation ETF (NYSEMKT: ARKF) and Ark Innovation ETF (NYSEMKT: ARKK) are down about 66% and 68%, respectively. And ETFs are supposed to be less volatile than individual stocks because they hold a basket of stocks.
While there is a lot of red this year among Ark's holdings, Wood still owns several stocks that are up big since Ark first invested in them. Here are three.
Source Fool.com