Cathy Wood
Crystal Mercedes | CNBC
Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research had taken a short position against the stock.
Wood purchased 870,299 shares of DraftKings in her various funds. That position is worth roughly $42.2 million based on the stock's Tuesday closing price of $48.51.
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June 16, 2021 at 07:43PM
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Cathie Wood buys $42 million in DraftKings on dip from short-seller report - CNBC
"wood" - Google News
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