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Stock impact report

Cathie Wood Is Selling DraftKings Stock. Should You? [Yahoo! Finance]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Yahoo! Finance
Even long-term names can feel vulnerable on the tape when portfolio rebalancing and changes in thematic conviction make even the names look vulnerable in a choppy growth market and tech-proximate market. The same dynamic is being enacted with DraftKings (DKNG) following the sale by Cathie Wood's ARK Invest last week. After holding DraftKings for a long time, ARK Invest has just sold over 300,000 shares, and that has investors wondering whether there is more to the decision or if this was just a normal rebalancing of their portfolios. The sale is at an uncertain time in the DKNG stock in 2025, but the company is still recording good revenue growth yet reports heavy losses. 2 Dividend Kings Quietly Beating the Market This Year $800 for Tesla Stock Could Be Reality in 2026. Here's Why. Apple Just Released a New AI Model. Should You Buy AAPL Stock Here? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you wo Show less Read more
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