Tag Archives: DKNG

DraftKings, Pfizer, Coinbase, Alibaba, Square, Pinduoduo — How Cathie Wood's Ark Played The S

Cathie Wood-led Ark Invest on Tuesday snapped up 1.07 million shares —estimated to be worth $60.6 million — in DraftKings Inc (NASDAQ:DKNG).

Shares of the Boston, Massachusetts-based sports-betting company closed 5.91% higher at $56.47 on Tuesday after it announced a deal with the privately-held Simplebet, a specialty tech company that facilitates micro-betting.

Ark owns stakes in DraftKings via the Ark Innovation ETF (NYSE:ARKK), the Ark Next Generation Internet ETF (NYSE:ARKW) and the Ark Fintech Innovation ETF (NYSE:ARKF) and deployed all three of its active....More>>>

Top Value Stocks To Invest In Right Now

Asbury Automotive Group, Inc. (NYSE:ABG) has been given an average rating of “Buy” by the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $191.00.

Separately, Morgan Stanley boosted their target price on Asbury Automotive Group from $201.00 to $205.00 and gave the company an “equal weight”....More>>>