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ARK Invest’s CEO and CIO Cathie Wood said that the technology stocks in the company’s flagship fund “are way undervalued,” but she trusts that they’ll rebound. Speaking on CNBC’s “Halftime Report,” Wood admitted that the ARK Innovation ETF (NYSEArca: ARKK) has “had a significant decline,” adding that she believes “that innovation is in bargain basement territory.
...read full article on ETF Trends
