DraftKings Inc. DKNG

$DKNG Shorts are icing their Buttholes…..?

$DKNG Over $125 by November

$DKNG Big Volume! Over 20 million shares will trade today in this range. Very Bullish.
Wait until the NFL and NCAA TOURNEY profits!!!

$DKNG Shorts have micro penises….

$DKNG Hugh Volume!! What rhymes with $60?

$DKNG. We will all be kicking ourselves when this stock is $350 in 2 years….

Wow! Just dropped .55 in a second yuck!

$DKNG Just wait until the NFL snd NCAA Tourney money starts pouring in!! NFL is the biggest betters market around. ?????

$DKNG. Why DraftKings Was TROUNCING the Market on Tuesday

Online sports gambling specialist DraftKings (NASDAQ: DKNG) was a good bet for investors on Tuesday. In midafternoon trading, the company's stock was up by nearly 6% on the back of a deal it announced that morning.

SO WHAT!!!!!!!

DraftKings' arrangement is with a privately held company called Simplebet, a specialty tech company that facilitates micro-betting -- i.e., wagers on individual plays within a sporting event.

Person stands in stadium while holding a fistftul of cash.
Image source: Getty Images.

Under the terms of the deal, Simplebet's products will be offered to DraftKings customers for Major League Baseball, National Football League, and National Basketball Association games, plus a myriad of college football contests.

In its press release trumpeting the deal, DraftKings quoted its president of global product and technology, Paul Liberman, as saying, "We’re excited to be working with Simplebet to change the in-game betting experience for our customers and, together, changing the way sports fans engage with their favorite sports."

$DKNG Closely followed innovation investor Cathie Wood purchased north of $60 million of DraftKings on Tuesday.

Wood’s ARK Invest loaded up on 1,073,171 shares of the sporting betting stock in various funds, a position worth roughly $60.6 million, based on DraftKing’s closing price of $56.47 per share.

The firm bought 742,840 shares in its flagship fund, ARK Innovation, and 202,723 shares were purchased in ARK’s Net Generation Internet ETF. Finally, 127,608 share were purchased in ARK Fintech Innovation ETF.

While DraftKings is not a new portfolio addition for Wood — the stock makes up more than 2.5% of the ARK Innovation ETF — it is unusual for the hot-handed investor to purchase a name during stock strength. Wood’s purchase came amid a near 6% rally in DraftKings on Tuesday.