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(Bloomberg) -- Cathie Wood’s flagship exchange-traded fund extended its decline as a sell-off resumed in the most speculative corners of the stock market.The $21.5 billion Ark Innovation ETF (ticker ARKK) tumbled as much as 10% at the peak of Friday’s rout before rebounding to trade 3.7% lower at 1:08 p.m. in New York. The fund is down for four straight days and headed to its worst week since November. Losses for Tesla Inc., Palantir Technologies Inc. and Square Inc. were some of the biggest drags.Other Ark funds also fell. The $9.3 billion Ark Genomic Revolution ETF (ARKG) was d...

(Bloomberg) -- Cathie Wood’s flagship exchange-traded fund extended its decline as a sell-off resumed in the most speculative corners of the stock market.The $21.5 billion Ark Innovation ETF (ticker ARKK) tumbled as much as 10% at the peak of Friday’s rout before rebounding to trade 3.7% lower at 1:08 p.m. in New York. The fund is down for four straight days and headed to its worst week since November. Losses for Tesla Inc., Palantir Technologies Inc. and Square Inc. were some of the biggest drags.Other Ark funds also fell. The $9.3 billion Ark Genomic Revolution ETF (ARKG) was d...

Ark Investment Management Founder and CEO Cathie Wood has been one of the most notable bulls on Tesla Inc (NASDAQ:TSLA) over the years. She joined Benzinga's "Raz Report" Wednesday for an exclusive interview and shared her thoughts on Tesla. Wood on Tesla: Wood highlighted Tesla's strong barriers to entry. The company has strong technology, a history of miles driven, over-the-air updates and battery technology, she said. "Didn't think [the] company was going to run out of money," Wood said when discussing why she added more shares in 2018. Wood has been very vocal about Tesla's future plans...

Ark Investment Management Founder and CEO Cathie Wood has been one of the most notable bulls on Tesla Inc (NASDAQ:TSLA) over the years. She joined Benzinga's "Raz Report" Wednesday for an exclusive interview and shared her thoughts on Tesla. Wood on Tesla: Wood highlighted Tesla's strong barriers to entry. The company has strong technology, a history of miles driven, over-the-air updates and battery technology, she said. "Didn't think [the] company was going to run out of money," Wood said when discussing why she added more shares in 2018. Wood has been very vocal about Tesla's future plans...

Share: Ark Investment Founder and CEO Cathie Wood joined Benzinga's "Raz Report" this week to discuss the company's ETFs. She also got a chance to respond to Jim Cramer. What Cramer Said: On CNBC last month, Jim Cramer gave the fund manager a suggestion: "Memo to Cathie Wood, close your fund." Cramer wasn't suggesting Ark Funds shut down or for Wood to stop managing funds. The suggestion was rather to close off the Ark Funds from new investments. "Concentrate on performance, not on trying to deploy capital," Cramer said. Cramer said many of the great fund managers closed off their funds from...