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DraftKings Gets Dumped by Cathie Wood, Along With Other Stocks

DraftKings Gets Dumped by Cathie Wood, Along With Other Stocks

Cathie Wood, CEO of Ark Investment Management and a well-known Money Manager, bought and sold some of her favorite stocks for the second day in a row on Thursday, which included DraftKings. Ark funds paid $4 million for 63,585 shares of Coinbase Global, the largest cryptocurrency exchange in the United States. Wood has been steadily…

Coinbase Shares Keeps Getting Gobbled Up By Cathie Wood; Here’s Why

Coinbase Shares Keeps Getting Gobbled Up By Cathie Wood; Here's Why

Following a declining trend in 2022, the Coinbase shares price has been on a march since the beginning of 2023, as cryptocurrencies in general soar. While regulatory concerns may derail the surge, Coinbase stands to benefit in the long run. Cathie Wood has been buying Coinbase (COIN) shares in recent weeks, indicating that she believes…

Investing Like Cathie Wood: Discovering Stocks Below $5

Cathie’s career has been founded on holding contrarian views, and her Ark Invest firm has a reputation for going against the mainstream. As a result, the bear market of 2022 has done little to modify her mind. In fact, Wood has recently argued that the Fed’s strong monetary policy in its continued efforts to rein…