ARKK.BA is trading at ARS 13,440.00, down 4.07%, as AI-spending concerns pressure growth stocks.
- No ARKK.BA-specific announcement explaining the move was found.
- Reuters reported that Metaβs earnings reignited concerns over heavy AI capital spending, while technology shares fell broadly in the October 22 selloff.
- ARK Invest bought Meta shares through ARKK on October 22; this was portfolio activity, not a clear catalyst for the ETFβs drop.