binance left Huobi Global Coinmarketcap net_left Phương Thức Thanh Toán
Phương Thức Thanh Toán

Tumble in Coinbase pushes Wood's ARK fund closer to pandemic low

By David Randall NEW YORK (Reuters) - A collapse in cryptocurrency company Coinbase (NASDAQ:COIN) Global Inc pushed star stock picker Cathie Wood's ARK Innovation ETF down nearly...

By David Randall

NEW YORK (Reuters) - A collapse in cryptocurrency company Coinbase (NASDAQ:COIN) Global Inc pushed star stock picker Cathie Wood's ARK Innovation ETF down nearly 8% on Wednesday, putting it within 10% of its low touched in March 2020 at the start of the coronavirus pandemic.

Coinbase, the fund's second-largest holding at nearly 7% of assets, fell more than 28% to record lows Wednesday after the company missed first-quarter estimates and its chief executive said the company had no risk of bankruptcy.

The declines in Coinbase added to the pain for Wood's ARK Innovation fund this year.

ARK did not respond to a request for comment.

The fund outperformed all other actively managed U.S. equities in 2020 on the strength of its portfolio of companies such as Zoom Video Communications (NASDAQ:ZM) Inc and Teladoc (NYSE:TDOC) Health Inc that rallied during the pandemic-induced economic lockdowns.

That strong performance made Wood a household name and led to appearances on magazine covers and billions of dollars in inflows from retail investors, though some now consider her the poster child for the so-called pandemic bubble.

ARK is down nearly 60% for the year to date, and nearly 76% below its high in February 2021. It traded at $37.98 at mid-afternoon, 8.6% above its low of $34.69 hit in March 2020 before the Federal Reserve and Congress unleashed an unprecedented $5.2 trillion to support the economy.

In a webinar Tuesday, Wood blamed much of the fund's losses on the Fed taking a too-aggressive path of rate hikes at a time when the global economy is in what she believes is a recession.

But other investors disagree. Matthew Tuttle, whose $460 million Tuttle Capital Short Innovation Fund shorts ARK's portfolio, blamed Wood's losses on "multiple compression."

"These companies make no money, in a zero interest rate environment they can, and do, command high multiples (but) in a rising rate environment they don't," he said.

Hot Auto Trade Bot ig right nyse right Neteller Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
rakuten_main right top net_home_top Ai VIF Binance _ main right top fbs_main right top tifia_main right top
23-05-2022 09:08:58 (UTC+7)

EUR/USD

1.0589

+0.0029 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.0589

+0.0029 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (1)

GBP/USD

1.2534

+0.0047 (+0.38%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

USD/JPY

127.29

-0.56 (-0.43%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

AUD/USD

0.7082

+0.0049 (+0.69%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

USD/CAD

1.2811

-0.0024 (-0.19%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (10)

Sell (1)

EUR/JPY

134.79

-0.22 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

EUR/CHF

1.0292

-0.0004 (-0.04%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (4)

Gold Futures

1,849.01

+6.91 (+0.38%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (1)

Silver Futures

21.849

+0.175 (+0.81%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (5)

Copper Futures

4.3010

-0.0032 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (11)

Crude Oil WTI Futures

110.69

+0.41 (+0.37%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Brent Oil Futures

110.52

+0.53 (+0.48%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

Natural Gas Futures

8.171

-0.229 (-2.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

US Coffee C Futures

216.48

-2.22 (-1.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Euro Stoxx 50

3,657.03

+16.48 (+0.45%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

S&P 500

3,901.36

+0.57 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,981.91

+99.61 (+0.72%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,389.98

+87.24 (+1.19%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (7)

Sell (2)

Hang Seng

20,429.00

-288.24 (-1.39%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

US Small Cap 2000

1,773.27

-2.96 (-0.17%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

IBEX 35

8,484.50

+78.50 (+0.93%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (2)

BASF SE NA O.N.

48.850

-0.010 (-0.02%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

63.74

+0.34 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Allianz SE VNA O.N.

195.58

+0.78 (+0.40%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

Adidas AG

172.80

+0.92 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

6.852

+0.049 (+0.72%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

115.08

+2.62 (+2.33%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (4)

Deutsche Bank AG

9.362

-0.130 (-1.37%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (1)

 EUR/USD1.0589↑ Buy
 GBP/USD1.2534↑ Sell
 USD/JPY127.29↑ Sell
 AUD/USD0.7082↑ Sell
 USD/CAD1.2811↑ Buy
 EUR/JPY134.79↑ Sell
 EUR/CHF1.0292↑ Sell
 Gold1,849.01↑ Buy
 Silver21.849Sell
 Copper4.3010↑ Sell
 Crude Oil WTI110.69↑ Sell
 Brent Oil110.52↑ Sell
 Natural Gas8.171↑ Buy
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,429.00↑ Sell
 Small Cap 20001,773.27↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,880/ 6,980
(5/ 5) # 1,785
SJC HCM6,895/ 6,985
(0/ 0) # 1,790
SJC Hanoi6,895/ 6,987
(0/ 0) # 1,792
SJC Danang6,895/ 6,987
(0/ 0) # 1,792
SJC Nhatrang6,895/ 6,987
(0/ 0) # 1,792
SJC Cantho6,895/ 6,987
(0/ 0) # 1,792
Cập nhật 23-05-2022 09:09:02
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,849.27+2.590.14%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$110.27-0.57-0.52%
Brent$111.09-0.55-0.49%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.005,0023.315,00
EUR23.899,8625.238,69
GBP28.277,1029.483,51
JPY176,47186,83
KRW15,8019,25
Cập nhật lúc 09:04:52 23/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right Phương Thức Thanh Toán