Bold bets on high-flying technology stocks by ARK Invest founder and chief executive Cathie Wood have destroyed an estimated $1.3 billion in shareholder wealth over the past decade, a Morningstar analysis published this week found.
Yahoo Finance's Alexandra Semenova discusses short activity against Cathie Wood's Ark Invest funds.
Traders betting against Cathie Wood’s ARK Invest have had a lucrative run this year.