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ARKK / US hedge fund cleans up betting against Cathie Wood's ARK fund

US hedge fund Greenlight Capital made 37% on its money in 2022 by shorting stocks held by Cathie Wood's ARK Innovation ETF, its founder hinted in a letter to investors. While the ARK fund was not named specifically, David Einhorn said that in early 2021 Greenlight identified an “actively-managed ETF of so-called ‘innovation' stocks that appeared to us to have significantly similar characteristics to our bubble names". Read More

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Posted: Jan 18 2023, 09:47

Author Name: Proactive Investors

ARKK News

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By Seeking Alpha
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