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Fit_Opinion2465 t1_je8g3yq wrote

Reply to comment by blue_eyes_pro_dragon in Thoughts on why Big Tech has been rallying and if it’s sustainable? by vwxyzabcdef

So why has ARKK also been rallying all year

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blue_eyes_pro_dragon t1_je8nggx wrote

Arkk is down 44% from 1 yr ago. Over the past 6 mo it’s flat. It is up 24% over past 3 mo.

Their top holdings are Tesla, zoom, Roku, Coinbase.

Tesla is a meme stock with huge cult following.

Zoom/Roku/Coinbase probably aren’t looking to borrow raise much money.

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