Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell: DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-q...
Tag: DKNG
DraftKings Reports Earnings Thursday. Analysts Are Worried About 2023.
DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...
Stocks moving big after hours: DASH, AMAT, DKNG
Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — The online food delivery platform’s shares jumped 7% after it reported a reven...
A Look at DraftKings After the Super Bowl and Before Earnings
By BRUCE KAMICH Feb 16, 2023 | 09:42 AM EST Stocks quotes in this article: DKNG Wagering platform DraftKings ( DKNG) was busy in recent weeks as football fans bet a record $16 billion in total on Supe...
DKNG Price Prediction: Super Bowl 2023 will reward the investors?
NASDAQ: DKNG stock price is down by 5.22% on the weekly and formed a rejection candle DraftKings Inc stock price got rejection from the 200 day EMA DKNG Q4 scheduled in the current week and street est...
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
DraftKings Inc. (DKNG): Can Sporting events fuel Gambling rally?
Boston-based DKNG offers multi-channel sports betting across the US and 17 countries. Major sporting events are on the horizon, fueling the gambling race. DraftKings Sportsbook is already live. Wit...
DraftKings Inc. (DKNG) Under Sellers Radar – DraftKings Stock Price has lost 3.30% already in Thursday
Draftkings stock price is under sellers radar as buyers failed to sustain at the top. DKNG share price has fallen around 3.30% as soon as Thursday’s trading session started and sellers might try for a...
DraftKings (DKNG) Stock Price Prediction : Why Draftkings is the buy-on-dip stock ?
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DraftKings Inc Stock Price Prediction: Will NFL Week Put A Target Of $20 In DKNG Stock?
Cathie Woods Ark Invest has recently added $1.5 Million in DraftKings Stock. Technical indicators of DKING are favoring consolidation. It is currently trading near $11.48 with a drop of 1.96% DraftKin...
DraftKings (DKNG) Stock Investors Might Bring it Up Again
DraftKings Inc. (NASDAQ: DKNG) stock found itself in a struggling zone. The stock price has been consolidating since the start of November. DKNG stock tumbled 4.26% in a day and is currently trading a...
U.S. stocks have worst day in nearly three weeks as hawkish Fed speak, China worries rattle markets
U.S. stocks had their worst day in nearly three weeks on Monday as protests in China raised global-growth risks and Federal Reserve officials said more interest-rate increases will be needed to subdue...
DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses
Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...
DraftKings Is a Buy Ahead of NFL Season, Analyst Says
Text size DraftKings lifted its forecast earlier this month. Angus Mordant/Bloomberg Sports betting app DraftKings is a stock that investors should own heading into pro football’s regular season, Roth...
PENN, DKNG Get Upgrades But The Stocks Are Still A GamblePenn National Gaming, DraftKings Get Upgrades But The Stocks Are Still A Gamble
Stocks can be a gamble in a market downturn, but what about actual gambling stocks? The U.S. is coming off a record year for gaming revenue and that momentum has carried into 2022. But casino stocks h...
DraftKings Lands New Bull as Profitability Nears. This Analyst Also Likes Penn.
Text size Casinos are traditionally unaffected even in a recession scenario. Ethan Miller/Getty Images DraftKings and Penn National Gaming stocks will outperform the market by selling additional produ...
DraftKings’ Risk Profile Is ‘Highly Favorable.’ It’s a Buy, Analyst Says.
Text size Interior views at DraftKings Sportsbook Manchester in Manchester, New Hampshire. Scott Eisen/Getty Images for DraftKings As online sports betting continues to gain traction in new state mark...
Online Sports Betting Is a Buzzy Industry, but Where’s the Money?
Text size Gamblers may have won big with the men’s March Madness championship game on Monday, but investing in online gambling platforms has been a losing hand as of late. Shares of DraftKings (ticker...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
DraftKings Could Face Margin Headwinds This Year. Analysts Slash Their Targets.
Text size DraftKings is predicting Ebitda losses between $825 million and $925 million. Scott Eisen/Getty Images for DraftKings Shares of DraftKings were rising on Tuesday, even after analysts cut the...
DraftKings Inc. revised 2022 revenue guidance to $2 billion after beating expectations. Is DKNG a good buy?
DraftKings Inc. (NASDAQ:DKNG) is often promoted among the best buys. The company’s performance in the market does not portray similar sentiments. Fundamental analysis shows various explanations for th...
DraftKings Sells Off After Earnings: Here’s How to Trade It
The Super Bowl was what everyone had hoped for. A close game involving at least one major market based team, and a halftime show that held the attention of more peripheral fans. All told, roughly 112M...
DraftKings Earnings Beats Estimates. Why the Stock Is Tumbling.
Text size Courtesy of DraftKings DraftKings stock has tumbled 15% Friday despite the sports-betting company beating earnings estimates in the fourth quarter. The company raised its revenue guidance fo...
DraftKings Is Questioned by the Market. Citi Says the Stock Is a Buy.
DraftKings doesn’t get enough credit from the market, says one Citi analyst, citing the company’s ability to grow as more states legalize online sports betting. In a research note issued Thursday, Cit...