Wood's flagship Ark Innovation ETF has slid 61% over the past year and 79% from its February 2021 peak.

Coinbase, the largest U.S. cryptocurrency exchange, suffers from weakness in the crypto market. Asset manager Cathie Wood sees opportunity.

She remains a major cryptocurrency backer, despite bitcoin's 65% plunge this year. It recently traded at $16,624.

Wood's flagship Ark Innovation ETF has tumbled 64% so far this year, and it’s down 78% from its February 2021 peak.

The asset manager Cathie Wood also purchased and sold shares of well-known companies for her funds.

Ark also sold four stocks, including a defense contractor and a financial management software company.

Ark funds snagged several tech stocks that have struggled recently. Wood maintains that a drop in tech stocks is a buying opportunity.

Ark also purchased an online sports gambling company. Wood sold an electric vehicle company.

Ark did more selling than buying on April 29, including sale of a South African financial services company's stock.

The S&P 500 Industrials index returned 3.99% over the past year, compared to a negative return for the S&P 500 overall.

Southwest Airlines has some major problems and passengers may be wary of flying the airline, but its current problems don't tell the whole story.

The two companies used social media to attract attention about their upcoming release, which shoe fans say could cost plenty.