After a rough couple months, Cathie Wood is back in the spotlight. $ARKK posted over $600M in inflows last week; another fund scored a huge W thanks to a genetic breakthrough. 🥳 🧬
ARK Innovation ETF power-houred today— +3.7% alongside growth and tech stocks. Coinbase led Cathie’s picks, +9.8%.
ARK Genomic Revolution ETF jumped 3.3% today after Intellia Therapeutics published its gene therapy study (read more here). Companies like Crispr Therapeutics AG and Editas Medicine also climbed today.
Despite crypto’s recent plunge and a losing bet on DraftKings, Wood looks like she’s mounting a comeback. Ark’s flagship Innovation ETF has recovered 26% since its May low. It trades +4.4% on the year. 📈