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Cathie Wood’s Ark Says Aarki Acquisition Should Accelerate Skillz’s International Expansion Goals

Cathie Wood's Ark Says Aarki Acquisition Should Accelerate Skillz's International Expansion Goals

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Cathie Wood-led Ark Investment Management believes Skillz Inc’s (NYSE: SKLZ) purchase of Aarki, an adtech demand-side platform (DSP), will boost the mobile gaming company’s international expansion goals. Skillz shares soared as much as 30% last Wednesday after announcing a $150 million in cash and stock acquisition deal.

...read full article on Benzinga

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