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Cathie Wood Loads Up $42M In DraftKings As Shares Drop On Short-Seller Report
Wednesday, June 16, 2021 - 1:32am | 407Cathie 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. Shares of the...
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DraftKings Can Launch Sports Betting Faster Than Competitors, Ark Funds Says In Bullish Take
Wednesday, March 10, 2021 - 2:43pm | 465Ark Funds hosted an investor webinar on Tuesday, and the asset manager's take on the growth of online sports betting was among the topics covered. Ark On DraftKings: One stock that was recently added to the Ark Funds ETFs is DraftKings Inc (NASDAQ: DKNG). “There’s significant supply...
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Needham Sets $70 Price Target On DraftKings: 'This Is No Time To Get Hung Up On Valuation'
Thursday, October 1, 2020 - 10:45am | 460Online sports betting DraftKings Inc (NASDAQ: DKNG) just got another bull. The DraftKings Analyst: Needham analyst Brad Erickson initiated coverage on DraftKings with a Buy rating and a price target of $70. The DraftKings Thesis: New states legalizing online sports betting/iGaming and technology...