ARK Autonomous Technology & Robotics ETF is trading at $124.90 (-3.08%) as the Nasdaq weakens and investors reassess rate-cut odds following a hotter CPI print.
- The ETF’s heavy exposure to technology, industrial automation, and high-beta growth names is amplifying the move amid a broader market risk-off sentiment.
- Weakness in major holdings like Tesla, NVIDIA-linked sentiment, and other robotics/AI names is adding to the pressure as the fund moves below recent trend support.