The Latest Breaking News from Ark Funds

The world’s richest person acquired a leading social media platform last week. With the deal, investors are no longer able to buy shares of Twitter Inc as a public company. Here’s a way that investors can get new exposure to the social media platform.

Roku Inc. (NASDAQ: ROKU) stock has struggled over the last year with shares down over 80%. Ark Invest, led by Cathie Wood, remains heavily invested in the streaming platform and hardware maker.

Ark Funds CEO Cathie Wood has been known to make some highly criticized forward-looking predictions. Wood and her colleagues have some of the higher price targets on Wall Street for Bitcoin (CRYPTO: BTC).

The Ark Funds ETFs have been hit hard in 2022 with growth stocks among the laggards as investors turned to value stocks. Many stockholders have begun to question high multiples attached to once favored high growth “innovative” companies. Further pressure could come for Ark Funds this week with earnings reports of several large…

One of the biggest and most well-known ETF companies is launching a new closed-end fund that provides major differences from its existing ETFs.