Investors Are Losing Faith in Cathie Wood’s ARK Innovation

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Investors Are Losing Faith in Cathie Wood’s ARK Innovation
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ARK Innovation founder Cathie Wood is keeping the faith on falling stocks—including Coinbase, Zoom and Tesla—but some of her investors are fleeing

, are down 63% this year. While the S&P 500 index has rallied 10% since mid-October to cut its 2022 losses to 17%, Ms. Wood’s flagship fund is hovering near a five-year low.

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