Cathie Wood's Underperforming Flagship Fund Dumps Another Staple Stock Following Nvidia Exit: Social Media Recalls Jim Cramer's Comments From 2 Years Ago

Ark now holds only a smattering of Zoom Video shares through its ARK Next Generation Internet ETF. The stock, which traded at nearly $600 in late-2020, is now a pale shadow of its old self. Ark’s valuation framework for Zoom Video released in June 2022 estimated a stock price of $1,500 by 2026.