Cathie Wood buys $42 million in DraftKings on dip from short-seller report

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Cathie Wood buys $42 million in DraftKings on dip from short-seller report

cnbc2021-06-16

Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock. Wood purchased ...

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Roui
·2021-06-22
Nice
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linnhtoo
·2021-06-17
wow
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Khairul0802
·2021-06-17
Like
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Kenww
·2021-06-17
Up up up and up
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IZLIN
·2021-06-17
@Meow17 @Sagi08 @simplydkamfollow suit?
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Phillix
·2021-06-17
Tell me your opinion about this news...
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Phillix
·2021-06-17
Tell me your opinion about this news...
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Bossman
·2021-06-17
Why
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AW7
·2021-06-17
Bullish
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Terrants
·2021-06-16
Nice
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pyrolysis
·2021-06-16
To the moon!
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Annalz
·2021-06-16
She is lucky to gain the opportunity by using other people’s money to gain her own and never loose ?
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JustStonks
·2021-06-16
Everytime it dips, cathie sweep up shares like a delicious drumstick. When it rebound, you got the whole chicken back.
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Annalz
·2021-06-16
A brave lady
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yenfern_gan
·2021-06-16
Wow, great!
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RYong
·2021-06-16
She is very daring into techs
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CookieMon12
·2021-06-16
Wow
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Dyllan
·2021-06-16
????
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Thomteng
·2021-06-16
Wow
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Thyroxineszx
·2021-06-16
Cool
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That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":161207797,"gmtCreate":1623927127319,"gmtModify":1703823676589,"author":{"id":"3563858582239854","authorId":"3563858582239854","name":"linnhtoo","avatar":"https://static.tigerbbs.com/5fa07b1615c5f0083289d3b389e59373","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161207797","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":161924291,"gmtCreate":1623901820213,"gmtModify":1703823062953,"author":{"id":"3573174299397007","authorId":"3573174299397007","name":"Khairul0802","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161924291","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":161919451,"gmtCreate":1623900077873,"gmtModify":1703823013315,"author":{"id":"3568928226056730","authorId":"3568928226056730","name":"Kenww","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Up up up and up","listText":"Up up up and up","text":"Up up up and up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161919451","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163587170,"gmtCreate":1623889089190,"gmtModify":1703822480920,"author":{"id":"3581848609787274","authorId":"3581848609787274","name":"IZLIN","avatar":"https://static.tigerbbs.com/f2241963762942310c858a3aae49c0d1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"<a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a>follow suit?","listText":"<a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a>follow suit?","text":"@Meow17@Sagi08@simplydkamfollow suit?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163587170","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163644552,"gmtCreate":1623884745976,"gmtModify":1703822257942,"author":{"id":"3581904894643717","authorId":"3581904894643717","name":"Phillix","avatar":"https://static.tigerbbs.com/fe9b6bf80300e619b95b8d1e826264c4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163644552","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163644170,"gmtCreate":1623884733690,"gmtModify":1703822257289,"author":{"id":"3581904894643717","authorId":"3581904894643717","name":"Phillix","avatar":"https://static.tigerbbs.com/fe9b6bf80300e619b95b8d1e826264c4","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163644170","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163817057,"gmtCreate":1623868829079,"gmtModify":1703822056286,"author":{"id":"3575284954426905","authorId":"3575284954426905","name":"Bossman","avatar":"https://static.tigerbbs.com/8a9a688341be7e4586cefc976cf56647","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0},"htmlText":"Why","listText":"Why","text":"Why","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163817057","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163342761,"gmtCreate":1623860577253,"gmtModify":1703821848681,"author":{"id":"3575071507320208","authorId":"3575071507320208","name":"AW7","avatar":"https://static.tigerbbs.com/c8b1cc7e33fbba0042100d3433c3dbbd","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Bullish","listText":"Bullish","text":"Bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163342761","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163981376,"gmtCreate":1623856719495,"gmtModify":1703821652254,"author":{"id":"3579393656854528","authorId":"3579393656854528","name":"Terrants","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163981376","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163079489,"gmtCreate":1623854724341,"gmtModify":1703821580061,"author":{"id":"3569327319071528","authorId":"3569327319071528","name":"pyrolysis","avatar":"https://static.tigerbbs.com/d10670bec8744907565fa9bd97c22288","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"To the moon!&nbsp;","listText":"To the moon!&nbsp;","text":"To the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163079489","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163051630,"gmtCreate":1623854343820,"gmtModify":1703821554228,"author":{"id":"3577089953267281","authorId":"3577089953267281","name":"Annalz","avatar":"https://static.tigerbbs.com/ffd285ab6189bb61da4b48c3e149eedc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"She is lucky to gain the opportunity by using other people’s money to gain her own and never loose ?&nbsp;","listText":"She is lucky to gain the opportunity by using other people’s money to gain her own and never loose ?&nbsp;","text":"She is lucky to gain the opportunity by using other people’s money to gain her own and never loose ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163051630","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163053471,"gmtCreate":1623854317893,"gmtModify":1703821553242,"author":{"id":"3575277705944076","authorId":"3575277705944076","name":"JustStonks","avatar":"https://static.tigerbbs.com/8a85f9246d3c1c5337dd21fec2ec401d","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Everytime it dips, cathie sweep up shares like a delicious drumstick. When it rebound, you got the whole chicken back.&nbsp;","listText":"Everytime it dips, cathie sweep up shares like a delicious drumstick. When it rebound, you got the whole chicken back.&nbsp;","text":"Everytime it dips, cathie sweep up shares like a delicious drumstick. When it rebound, you got the whole chicken back.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163053471","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163059289,"gmtCreate":1623854270341,"gmtModify":1703821551281,"author":{"id":"3577089953267281","authorId":"3577089953267281","name":"Annalz","avatar":"https://static.tigerbbs.com/ffd285ab6189bb61da4b48c3e149eedc","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"A brave lady","listText":"A brave lady","text":"A brave lady","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163059289","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163021921,"gmtCreate":1623854050363,"gmtModify":1703821539513,"author":{"id":"3580263425818244","authorId":"3580263425818244","name":"yenfern_gan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow, great!&nbsp;","listText":"Wow, great!&nbsp;","text":"Wow, great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163021921","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163069302,"gmtCreate":1623853754306,"gmtModify":1703821523308,"author":{"id":"3581681008250852","authorId":"3581681008250852","name":"RYong","avatar":"https://static.tigerbbs.com/1578f159b299beaa194afc3dbdc0c690","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"She is very daring into techs","listText":"She is very daring into techs","text":"She is very daring into techs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163069302","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163017296,"gmtCreate":1623853425115,"gmtModify":1703821506866,"author":{"id":"3581997496673642","authorId":"3581997496673642","name":"CookieMon12","avatar":"https://static.tigerbbs.com/d412f1a182e016f0fe66376d12556dee","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163017296","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163010843,"gmtCreate":1623853150182,"gmtModify":1703821494944,"author":{"id":"3576561613399364","authorId":"3576561613399364","name":"Dyllan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"????","listText":"????","text":"????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163010843","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163037279,"gmtCreate":1623853138691,"gmtModify":1703821493645,"author":{"id":"3583826337483578","authorId":"3583826337483578","name":"Thomteng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163037279","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":163032716,"gmtCreate":1623853026135,"gmtModify":1703821490379,"author":{"id":"3584352693417907","authorId":"3584352693417907","name":"Thyroxineszx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163032716","repostId":1100405031,"repostType":4,"repost":{"id":"1100405031","pubTimestamp":1623848550,"share":"https://www.laohu8.com/m/news/1100405031?lang=&edition=full","pubTime":"2021-06-16 21:02","market":"us","language":"en","title":"Cathie Wood buys $42 million in DraftKings on dip from short-seller report","url":"https://stock-news.laohu8.com/highlight/detail?id=1100405031","media":"cnbc","summary":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company fa","content":"<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood buys $42 million in DraftKings on dip from short-seller report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood buys $42 million in DraftKings on dip from short-seller report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.cnbc.com/2021/06/16/cathie-wood-buys-42-million-in-draftkings-on-dip-from-short-seller-report.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1100405031","content_text":"Ark Invest CEO Cathie Wood on Tuesday bought the dip in DraftKings, as the sports-betting company faltered on news that Hindenburg Research hadtaken a short positionagainst the stock.\nWood purchased 870,299 shares ofDraftKingsin her various funds. That position is worth roughly $42.2 million based on the stock’s Tuesday closing price of $48.51.\nAbout 688,700 of the shares were purchased in Wood’s flagship fund,ARK Innovation. DraftKings is now the 17th largest holding in the exchange traded fund, representing about 1.94% of its allocation. Meanwhile, nearly 181,600 shares were purchased inARK Next General Internet ETF.\nShares of DraftKings rose more than 1% in premarket trading on Wednesday.\n\nShares of DraftKings fell about 4.2% on Tuesday after Hindenburgannouncedit was betting the stock would fall. The short-selling firm questioned the company’s promotional spending and future success in the highly competitive sports-gambling landscape.\nThe report also alleges that SBTech, a European technology company that merged with DraftKings as part of a SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets.\nDraftKings and Diamond Eagle Acquisition Corp. first announced their merger deal in December 2019 and completed the combination in April 2020. Shares of DraftKings are up more than 4% for the year as investors rotated out of growth stocks.\nAfter rising 6% last week, shares of the Ark Innovation ETF are down less than 1% this week.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":70,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}