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Ark’s Flagship Fund Slips in Early Trading as Flows Stabilize

  • ARKK ETF edges down in pre-market after 3-day, 9.4% decline
  • Investors add $27.7 million to fund a day after record outflow
Cathie Wood
Cathie WoodPhotographer: Alex Flynn/Bloomberg
Updated on

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.