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Will the Stock Market Bubble Pop Soon? ARK Innovation Bubble Finally Popped. - Barron's

Updated Dec. 30, 2021 7:35 pm ET / Original Dec. 30, 2021 11:11 am ET

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Another year, another bubble bites the dust.

We’re talking, of course, about the bubble in hypergrowth stocks like those owned by the ARK Innovation exchange-traded fund (ticker: ARKK). In this space one year ago, I highlighted the fund and the stocks in it as a potential bubble, and it looks like it has popped. Big holdings like Roku (ROKU), Teladoc Health (TDOC), and Zoom Video Communications (ZM) have tumbled more than 30% over the past year, and ARK Innovation looks set to finish the year down more than 20%, despite a...