Cathie Wood Continues to Load Up on Skillz Stock

Mobile esports platform Skillz (NYSE: SKLZ) is on Wall Street's radar, and one of the hottest money managers around, Cathie Wood, has been buying shares of this depressed stock. Including the shares Wood's ARK Innovation (NYSEMKT: ARKK) owns, the ARK family of ETFs now owns nearly 11 million shares of the competitive gameplay specialist. Skillz stock has lost nearly two-thirds of its value since peaking at $46 per share in February, but Wood has been buying shares for her ETFs all along.