Noteworthy Wednesday Option Activity: DKNG, BSY, FLR
NASDAQ · 20h ago
DraftKings, IBD Stock Of The Day, Falls Below Key Level. Should Investors Bet On A Rebound?
Forward News · 21h ago
DKNG Factor-Based Stock Analysis
NASDAQ · 1d ago
DraftKings Stock (NASDAQ:DKNG): Analyst Sees More Room for Growth
TipRanks · 1d ago
Reuters · 1d ago
Cathie Wood's Ark Laps Up $3.3M Worth Of Tesla As Stock Falls For 3rd Straight Session, Sheds Shares Of This Sports Betting Company
Ark Invest run by Tesla bull Cathie Wood bought 20,683 shares of Tesla on Monday. The stock settled the session down 2.71% at $157.11. Tesla is now the top holding of the firm's flagship exchange-traded fund. Tesla shares settled lower for a third session on Tuesday.
Benzinga · 1d ago
Ex-DraftKings exec denies accessing trade secrets before Fanatics job jump
Ex-DraftKings exec denies accessing trade secrets before Fanatics job jump. Two employees say he extended them multi-million dollar pay packages if they followed him to Fanatics. Michael Hermalyn resigned from DraftKings in February to become the president of sports betting rival Fanatics' VIP division.
Reuters · 1d ago
DraftKings Stock Has 37% Upside, Goldman Says. It's a Buy.
Analysts at Goldman Sachs initiate coverage of DraftKings at Buy. The online sports-betting company's stock is 37% above Monday's closing price. The stock was up 3.3% to $45.15 on Tuesday. The analysts expect DraftKings to compound revenue at 20% over the next year.
Barron‘s · 1d ago
DraftKings Stock Has Upside To Street Estimates, Analyst Says: Sports Betting Play Will 'Benefit From Healthy Growth'
Goldman Sachs analyst Ben Miller initiated coverage on DraftKings with a Buy rating and a $60 price target. Miller sees DraftKings growing revenue at a compounded annual rate of 21% from 2023 to 2028. DraftKings shares are up 65% over the last nine months.
Benzinga · 2d ago
What 24 Analyst Ratings Have To Say About DraftKings
24 analysts have published ratings on DraftKings in the last three months. The company has an average price target of $51.83 and 12-month price targets of $60.00. DraftKings competes in online sports betting in 24 states in the U.S. And seven in Canada.
Benzinga · 2d ago
DraftKings heads higher after Goldman Sachs starts off coverage with a buy call
Consumer DraftKings heads higher after Goldman Sachs starts off coverage with a buy call. Goldman Sachs started off coverage on DraftKings with a Buy rating. The sports betting giant is expected to compound revenue at a clip of over 20%. Shares of DraftKings (DKNG) poked out a 0.71% gain in premarket action on Tuesday.
Seeking Alpha · 2d ago
DraftKings Initiated at Buy by Goldman Sachs
Dow Jones · 2d ago
DraftKings’ Growth and Valuation Prospects Justify a Buy Rating
TipRanks · 2d ago
Sports Betting Industry: Relaxed Laws and Digitization Fuel Growth
TipRanks · 2d ago
Cathie Wood's Ark Invest Continues To Shed Coinbase, Nvidia Shares
Cathie Wood-led Ark Invest sold 3,689 shares of Bitcoin and NVIDIA Corp. On Monday. The company also reduced its stake in NVIDIA by 157 units. Ark Invest bought shares of Teladoc Health Inc. And Roku Inc. The company made significant trades involving Coinbase Global Inc. (NASDAQ:COIN)
Benzinga · 2d ago
DraftKings (DKNG) Stock Moves -1.13%: What You Should Know
DraftKings (DKNG) closed the most recent trading day at $43.72. The company's shares have gained 5.84% over the past month. DraftKings is projected to report quarterly earnings of -$0.28 per share. The most recent consensus estimate is calling for quarterly revenue of $1.12 billion.
Forward News · 2d ago
DraftKings to Release First Quarter 2024 Results on May 2, 2024 and Host Conference Call on May 3, 2024
DraftKings will release its first quarter 2024 results after the close of market trading on Thursday, May 2, 2024. The Company will host a conference call and audio webcast the following morning. Management will discuss the Company’s results and provide commentary on business performance.
Forward News · 2d ago
First Week of May 31st Options Trading For DraftKings (DKNG)
NASDAQ · 3d ago
Analysts Offer Insights on Consumer Cyclical Companies: The Estée Lauder Companies (EL), DraftKings (DKNG) and VinFast Auto (VFS)
TipRanks · 3d ago
Weekly Report: what happened at DKNG last week (0408-0412)?
Weekly Report · 3d ago
Webull provides a variety of real-time DKNG stock news. You can receive the latest news about Draftkings Inc through multiple platforms. This information may help you make smarter investment decisions.
About DKNG
DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with online sports betting (Sportsbook), online casino (iGaming) and daily fantasy sports (DFS) product offerings, as well as retail sportsbook, media and other consumer product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 24 states and in Ontario, Canada. Its iGaming product offerings typically include the full suite of games available in land-based casinos, such as blackjack, roulette, baccarat and slot machines. DFS product offering facilitates peer-to-peer play, whereby contestants compete against each other for prize money. The Company also offers non-fungible tokens (NFTs) on DraftKings Marketplace (Marketplace), NFT-based DFS-style contests, gaming software services, and advertising and sponsorship packages to targeted advertisers across its DFS product offering, free games, and media content.