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PACB - ARK Genomic ETF: Likely Economic Victim With Low Institutional Interest
December, 14 2021 08:30 AM
Pacific Biosciences of California Inc.
ARKG historically outperformed in its category based on high early valuation in many of its holdings. The fund seems to rationalize weighing on its perceived potential for achievement and not on price trajectory or market capitalization. The fund continues to batten down on some stocks, regardless of valuation trajectory. ARK's emphasis on cutting-edge research will likely not yield massive gains as macroeconomic outlook turns grim. For further details see:
ARK Genomic ETF: Likely Economic Victim With Low Institutional Interest
Stock Information
Company Name:
Pacific Biosciences of California Inc.
Stock Symbol:
PACB
Market:
NASDAQ
Website:
pacb.com
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