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Market Extra: Cathie Wood’s ARKK logs best month ever as tech shares surge

A January rebound for beaten-down tech shares made for the best month on record for Cathie Wood's flagship fund. Read More...

A January rebound for beaten-down tech shares made for the best month on record for Cathie Wood’s flagship fund.

The ARK Innovation exchange-traded fund ARKK rose 27.8% in January, its best monthly performance on record, according to Dow Jones Market Data. The bounce comes after the high-profile and formerly highflying fund suffered a 67% drop in 2022 and a 21% drop in 2021.

The…

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