Cathie Wood’s ARKK Hits Five-Month Low as Tesla Fuels Losing Run

Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc., its biggest holding, dropped after a round of job cuts stoked investors’ worries about the carmaker’s growth prospects.

Apr 16, 2024 - 20:20
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Cathie Wood’s ARKK Hits Five-Month Low as Tesla Fuels Losing Run
Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Inc., its biggest holding, dropped after a round of job cuts stoked investors’ worries about the carmaker’s growth prospects.

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