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home / news releases / CGEN - Where Will ARKK ETF Be In 5 Years? Struggling To Stay Afloat

CGEN - Where Will ARKK ETF Be In 5 Years? Struggling To Stay Afloat

Compugen Ltd.
  • Ark Invest, and in particular the Ark Innovation ETF have had an incredible run over the past five years.
  • However, much of these gains came from factors that are no longer applicable to the fund today.
  • The fund's excessive size and concentration in positions are making it difficult for ARKK to navigate stormy seas.
  • While ARKK may be due for a technical bounce in coming weeks, the long-term trajectory is in the downward direction.

For further details see:

Where Will ARKK ETF Be In 5 Years? Struggling To Stay Afloat
Stock Information
Company Name: Compugen Ltd.
Stock Symbol: CGEN
Market: NASDAQ
Website: cgen.com
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