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HomeTrading NewsDespite the big plunge, Cathie Wood sees her plan returning 40% annually in the next 5 years — here are Ark Invest’s latest buys

Despite the big plunge, Cathie Wood sees her plan returning 40% annually in the next 5 years — here are Ark Invest’s latest buys

Motley Fool

This ARK Invest Stock Is Selling Off — Is It a Buy?

The largest of these ETFs is the ARK Innovation ETF (NYSEMKT: ARKK), which touts more than $18 billion in assets. With the ARK Innovation ETF now down roughly 40.8% from its 52-week highs set in February, Spotify has seen a similar decline — down 41.7% during roughly the same time period. Spotify is the world’s largest audio streaming platform. With Spotify, users can get unlimited access to a massive library of audio through either a free, ad-supported experience or an ad-free monthly subscription.

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