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All of the stocks in Cathie Wood's Ark Innovation fund are in a bear market except 2
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It's been a dismal week for Cathie Wood's flagship fund, Ark Innovation, that's left nearly all of her holdings in bear market.
Wood's main exchange-traded fund, which trades under ticker ARKK, is down more than 12% this week, on pace of its worst week since February. Ark Innovation is down 6% on Friday.
The painful losses have left all but 2 of Wood's constituents more than 20% off their recent high, meaning they are in a bear market.
Just Trimble and Tesla are less than 20% from their high,
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