101617625
voted
ARK Innovation has undergone a mind-boggling 65% decline from the peak reached in early 2021, after the ETF climbed a stunning 315% from the bottom of the COVID-19 bear through February of last year. This is typical bubble behavior.
ARKK’s full ballooning-to-popping cycle was atypically short: roughly two years so far. I cannot think of such erratic price behavior in the past many years or even decades.
$ARK Innovation ETF (ARKK.US)$ $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ $Tesla (TSLA.US)$ $Velo3D (VLD.US)$ $Coinbase (COIN.US)$
ARKK’s full ballooning-to-popping cycle was atypically short: roughly two years so far. I cannot think of such erratic price behavior in the past many years or even decades.
$ARK Innovation ETF (ARKK.US)$ $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ $Tesla (TSLA.US)$ $Velo3D (VLD.US)$ $Coinbase (COIN.US)$