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@ Layer3.news
2025-03-05 02:38:29
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CATHIE WOOD'S BOLD MOVE: 8 STRAIGHT DAYS OF BUYING BEAM THERAPEUTICS AS STOCK SOARS 14%
https://media.zenfs.com/en/Benzinga/116318b0d73cc688ceb57685a8850441
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✍️ Cathie Wood's ARK Innovation ETF (ARKK) is showing signs of life after a rough year, but investors are split on whether this is a real comeback or just another short-lived rally.
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👉 Cathie Wood's ARK Innovation ETF (ARKK) is up 6% this year
👉 ARKK's longer-term numbers are more complicated, with an annualized return of -5.89% and a five-year return of 1.03%
👉 Some investors are still wary, citing concerns over risk management and portfolio concentration
👉 Cathie Wood remains bullish, citing regulatory rollbacks and technological advancements as drivers of innovation
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#CathieWood #MichaelBurry #RobbyGreengold #JimChanos #JeffBezos #business
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