Cathie Wood, chief of Ark Investment Management, is known for her bold trades on tech stocks. She sometimes buys stocks on the way up, hoping for more gains ahead. Sometimes, she sells them during stock dips to avoid further losses.

Things have been looking up for Cathie Wood’s flagship Ark Innovation ETF (NYSEARCA:ARKK) since bouncing off last year’s August trough. Though the ARKK has been putting up a good fight with the Nasdaq 100-following Invesco QQQ Trust (NASDAQ:QQQ) in the past year,

Cathie Wood's Ark Invest sells more than 550K UiPath shares amid a 7.2% YTD stock decline. Discover insights on ARK ETFs and how this move impacts holdings.

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Cathie Wood is back in the spotlight, and so is her flagship ARK Innovation ETF (NYSE:ARKK). After a rough year, the fund is showing signs of life—but is this the start of a real comeback, or just another short-lived rally?