Investing
ARKK, BioNTech and Commodities: Investments in the Spotlight
Bloomberg Wealth reviews assets that made a splash this week.
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Investment superstar Cathie Wood’s flagship Ark Innovation ETF is feeling the pain of the selloff in riskier tech shares.
ARKK saw outflows of about $785 million over six days, according to data compiled by Bloomberg. Its stock price is now down 30% from its February peak.