Cathie Wood’s flagship exchange-traded fund edged lower in early trading on Thursday, poised to extend its decline into a fourth day.
The ARK Innovation ETF (ticker ARKK) was down about 1.3% as of 5:22 a.m. in New York, as futures for the tech-heavy Nasdaq 100 Index retreated 0.6%. The fund has fallen 9.4% this week through Wednesday amid a broader selloff in pricier-looking parts of the stock market.
