Story perspectives
ARK Invest Boosts DraftKings Shares Amid Losing Streak
10/3/2025
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Story summary
- ARK Invest bought 511,000 DraftKings shares on October 2, 2025 across three ARK ETFs.
- DraftKings became 37th-largest holding in the ARK Innovation ETF.
- ARK also added shares to ARK Next Generation Internet ETF and ARK Fintech Innovation ETF.
- DraftKings is on an eight-day losing streak, down 19% in a week; analysts cite NFL outcomes, not prediction markets.
