SKLZ
is a newly merged SPAC which build paid tournament (or gambling) experience into casual online games. And ARK Invest, most specifically
ARKW
, has just newly bought in their shares on Jan 4th and has added another 200K shares just yesterday. From a pure technical standpoint I am not surprised it would breakout from its all-time high of 23.87 on the coming trading day. I am not sure if its going to be another
BNGO
, but its definitely highly speculative and a Cathie Wood fandom play.
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