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This Satellite-Communications Stock In Cathie Wood Portfolio Has Given Better 5-Year Returns Than Apple, Netflix, Amazon

Iridium Communications Inc’s (NASDAQ: IRDM) sharp subscriber growth over the past four years has caught the popular money manager Cathie Wood’s attention and despite the satellite communications provider’s recent annual loss, the stock has fetched handsome returns over the years.

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Why DraftKings Shares Are Trading Higher Today

DraftKings Inc (NASDAQ: DKNG) shares are trading higher Wednesday after Ark Invest founder and CEO Cathie Wood bought more than $60 million in shares.  Wood reported that she purchased shares of DraftKings for multiple Ark exchange traded funds yesterday:

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