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Benzinga
Benzinga
Business
Wayne Duggan

ARK Invest Short Sellers Have $2.3B In Profits So Far In 2022

ARK Ark Invest Cathie Wood ARKK ETF Ihor Dusaniwsky NYSE Interest Rates

After a horrible 2021 for Cathie Wood, the ARK Innovation ETF (NYSE:ARKK) is down another 59.1% in 2022.

High-growth tech stocks have taken a beating as interest rates have spiked, sending ARK Invest ETFs plummeting.

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