Why These 5 Stocks Are on the Move on Tuesday

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1. DraftKings Inc. (NASDAQ:DKNG) is down around 6% after sources told CNBC’s David Faber that DraftKings Inc. (NASDAQ:DKNG) is making a $20 billion offer to buy online sports betting company Entain. DraftKings Inc. (NASDAQ:DKNG) went public in 2020. Catherine D. Wood’s ARK Investment Management owned more than 13.6 million shares of DraftKings Inc. (NASDAQ:DKNG) at the end of June, 2021.

Disclosure: None.

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