DraftKings Inc. (NASDAQ:DKNG) is one of the best high volume stocks to buy according to Wall Street analysts. On October 13, Northland lowered the firm’s price target on DraftKings to $30 from $33 and kept an Underperform rating on the shares. The firm noted that massive funding rounds for Kalshi (raising $300 million, valuing it at $5 billion, and tracking $50 billion in annual volume) and Polymarket (securing a $2 billion investment from ICE, the owner of NYSE) signal the growing competitive threat predi ...

Sports betting pioneer DraftKings (DKNG) is having a bit of a hard time on Wall Street, with DKNG stock down about 25% over the past month. Utilizing this dip, Cathie Wood’s investment machine, Ark Invest, has recently bought into the stock. Ark Invest disclosed that it purchased a total of 511,049 shares of DKNG stock through its actively managed exchange-traded funds (ETFs). The investment underscores Wood’s preference for taking advantage of volatility and adding stocks to her portfolio when they are u ...