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