Bloom88
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.
$ARK Innovation ETF(ARKK.US$ $ARK Autonomous Technology & Robotics ETF(ARKQ.US$ $ARK Next Generation Internet ETF(ARKW.US$ $Tesla(TSLA.US$ $Velo3D(VLD.US$ $Coinbase(COIN.US$