Cathie Wood Bets $19 Million on 5 Beaten-Down Stocks

ARK also added approximately 58,048 shares of DraftKings (DKNG) valued at around $1.48 million. DraftKings now holds 1.9% weightage in the ARK Blockchain & Fintech Innovation ETF and 1.05% in the ARK Next Generation Internet ETF. The online sports betting leader continues to benefit from state-by-state legalization across the U.S., expanding its total addressable market. With steady revenue growth, DraftKings has been focusing on improving profitability through disciplined marketing spending and stronger cu ...