Cathie Wood Is Buying Archer Aviation Stock. Here's What History Says About Following Ark Into a Stock Down 62%.

Cathie Wood's Ark Invest has been buying Archer Aviation stock during its 62% decline, but the article examines Ark's track record of buying beaten-down stocks. Ark Innovation ETF has underperformed the S&P 500 by 110% over five years, with notable losses in past holdings like Teladoc (down 95%), Zoom (down 65%), and Ginkgo Bioworks (down 98%). The article cautions that investors should evaluate Archer based on its own business fundamentals and catalysts rather than Ark's historical performance.