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ARK Invest Adds Nearly $61M of DraftKings Stock Across Three FundsWritten by: Todd Shriber

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Cathie Wood’s ARK Investment Management continues embracing DraftKings (NASDAQ:DKNG). The growth fund manager gobbled up $60.6 million worth of the sportsbook operator’s shares on Tuesday, Aug. 24. The New York-based fund manager known for taking stakes in companies it views as innovative disruptors bought 1.07 million shares of the gaming equity. It spread that purchase
The post ARK Invest Adds Nearly $61M of DraftKings Stock Across Three Funds appeared first on Casino.org.
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