Cathie Wood Goes All-In On DraftKings With $8 Million Stock Purchase As Rivals Like Kalshi Threatens Market Share, Sells Hot Stock Rocket Lab

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Cathie Wood Goes All-In On DraftKings With $8 Million Stock Purchase As Rivals Like Kalshi Threatens Market Share, Sells Hot Stock Rocket Lab

benzinga.com/markets/equities/25/10/48215739/cathie-wood-goes-all-in-on-draftkings-with-8-million-stock-purchase-as-rivals-like-kalshi-threat

On Tuesday, Cathie Wood-led Ark Invest executed significant trades involving DraftKings Inc. (NASDAQ:DKNG), Rocket Lab Corp (NASDAQ:RKLB), and DoorDash Inc. (NASDAQ:DASH).
The DraftKings Trade
The ARK Innovation ETF (BATS:ARKK) fund purchased 236,289 shares of DraftKings on Tuesday. With…

This story appeared on benzinga.com, 2025-10-15 01:02:24.