Reported about 1 month ago
Cathie Wood, the CEO of Ark Investment Management, continues to express her confidence in emerging technology stocks by purchasing a total of $6.6 million in shares from Shopify and DraftKings. Between Monday and Wednesday, Ark acquired 45,662 shares of Shopify valued at approximately $3.3 million and 95,790 shares of DraftKings, also worth around $3.3 million. Both companies have demonstrated significant growth, with Shopify benefitting from strong second-quarter earnings and DraftKings capitalizing on the increasing sports gambling market.
Source: YAHOO