ARKK Stock Recent News

Just a month ago, ETF investors were pleased to simply hold onto their money. Now they're looking for big gains in the S&P 500 again.

ARKK isn't sinking, it has sunk. The question is, can it add alpha instead of just being high beta. The ETF has no stark differentiated factors I can see, so I'm skeptical it is capable of more than a bounce in sync with the market. This former market darling peaked at $28 billion in AUM, but is down to “only” $5 billion now.

The ARKK Innovation ETF (ARKK) stock price has rebounded over the past few weeks as trade jitters have eased. After falling to a low of $38.65 earlier this month, it has bounced back to $51, and is hovering at its highest level since March 26.

ARK Innovation ETF is rated a "hold" due to its heavy reliance on mega-cap stocks like Tesla, which limits its growth potential. Cathie Wood's optimistic projection for Tesla to reach $2,600 in five years is concerning and unlikely, given Tesla's current market cap and growth trajectory. ARKK's portfolio includes stocks like Palantir with growth potential, but others like Roku show a boom-and-bust pattern, raising doubts about management's strategy.

A large consensus has been to stay the course with long-term portfolio goals despite recent tariff volatility. While this is generally true, short-term fluctuations still matter.

Morningside found that funds owning small- and mid-cap stocks, or companies with less certain prospects, fared the worst.

Through the middle of last week - still with a handful of days left in the quarter - 208 new U.S. ETFs were launched in Q1. According to a March Brown Brothers Harriman survey, 95% of investors plan to increase their ETF allocations in the next 12 months. It would not be surprising to see new twists on ESG - climate change, equality, and the state of corporate leadership are issues that could be top of mind going forward.

The technology-oriented Nasdaq 100 index is back into correction territory, down 10.5% after hitting an all-time high last month.

Cathy Wood, chief executive of ARKK Invest, is a celebrity in the world of finance.

After a bit of a rebound, the Nasdaq Composite index is no longer officially in correction territory, for now at least, down by just 9% from the recent highs as of this writing. However, when it comes to finding excellent ETFs, there are still some excellent bargains for long-term investors.