DraftKings, Pfizer, Coinbase, Alibaba, Square, Pinduoduo — How Cathie Wood’s Ark Played The Stock Market On Tuesday

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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 ETFs on Tuesday to buy shares in Draftkings on Tuesday.  On a consolidated basis, Ark held 13.87 million shares, worth $740 million, in DraftKings, ahead of Tuesday's trade.  See Also: Alibaba, Palantir, Google, JD, Lockheed Martin, Genius Sports — Stocks Cathie Wood's Ark Bought Or Sold On Monday Here are some of the other key trades for Ark on Tuesday: Sold 150,115 shares —
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