Cathie Wood Watch: Ark Sells DraftKings, Buys Coinbase

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The Street

By Dan Weil Her flagship Ark Innovation ETF has lost 31% in the last 12 months, but has bounced back 11% so far this year. Cathie Wood, chief executive of Ark Investment Management, traded three of her biggest names Tuesday, repeating moves from Monday. All the valuations below are as of Tuesday’s close. DON’T MISS: Elon Musk Reacts After Cathie Wood Criticizes a Major American Institution Wood’s flagship Ark Innovation ETF (ARKK) – Get Free Report sold 313,509 shares of online sports gambling platform DraftKings (DKNG) – Get Free Report, valued at $6.9 million. The fund unloaded about the sam…

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