Market Extra
Cathie Wood
Patrick T. Fallon/Agence France-Presse/Getty Images
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…
