Cathie Wood Loads Up $42M In DraftKings As Shares Drop On Short-Seller Report
Cathie Wood-led Ark Investment Management on Tuesday snapped up 870,299 shares, estimated to be worth about $42.2 million, in DraftKings Inc (NASDAQ: DKNG) on the day shares of the sports betting company fell after it became the latest target of short seller Hindenburg Research.