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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 […]

Betting Stocks to Get a Boost Following a Strong Super Bowl?

Betting Stocks to Get a Boost Following a Strong Super Bowl?

According to analysts, punters are expected to have bet record amounts on Sunday’s Super Bowl between the Kansas City Chiefs and the Philadelphia Eagles. DraftKings, Entain, and Flutter will be hopeful that this helps their stocks recover after sharp drops last year. A record $1.1 billion is expected for sports betting on Sunday’s Super Bowl. […]

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