Cathie Wood Loads Up On DraftKings As Prediction Market Pulls Back

BREAKING: Tesla Deliveries Loom Cathie Wood and her ARK Invest firm on Wednesday purchased more than 500,000 shares of DraftKings stock. The sportsbook operator has carved lower this week on rising concerns about prediction market competition. DraftKings (DKNG) on Wednesday received a double downgrade, but analyst sentiment is mixed. Wood and ARK Invest purchased on Wednesday a total of 511,049 shares of DraftKings stock,… Related news Cathie Wood, UAE Crypto-Soccer Play Scores 225% Gain, Then Dives 9/19/20 ...