While online gambling has attracted a lot of interest and generated additional revenue for DraftKings (DKNG) – Get DraftKings Inc Class A Report, the stock remains a trade and not a long-term h...
Tag: DraftKings
Polygon (MATIC) welcomes DraftKings as new network validator » CryptoNinjas
In its latest web3 endeavor, DraftKings, a digital sports entertainment and gaming company, announced today it will join the Polygon ecosystem as a validator and node operator, marking the first time ...
You Want To Bet Atlanta Falcons Wide Receiver Calvin Ridley Is The Only NFL Player Who Gambles On Games?
ATLANTA, GA – OCTOBER 27: Calvin Ridley #18 of the Atlanta Falcons looks on prior to the start of … [+] the game against the Seattle Seahawks at Mercedes-Benz Stadium on October 27, 2019 i...
Polygon includes $23 billion sports betting company DraftKings as network validator
Valued at $23 billion, DraftKings, a digital sports entertainment and gaming company, today joins the Polygon ecosystem as a validator and node operator, marking this the first time a major publicly-t...
DraftKings Co-Founder Says Becoming Polygon Validator Helps ‘Futureproof’ Company
DraftKings, a daily fantasy sports and betting company, is doubling down on its interest in the Ethereum sidechain Polygon by becoming an official official validator for the Polygon network. The B2B c...
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...
NFL Super Bowl Sponsors Were In The Game But Did Fans Notice?
INGLEWOOD, CALIFORNIA – FEBRUARY 13: Cooper Kupp #10 of the Los Angeles Rams celebrates after Super … [+] Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. The Los An...
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...
Roku, DraftKings, Ford & more
Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ fo...
DraftKings tops fourth-quarter revenue estimates
DraftKings (NASDAQ: DKNG) reports $473 million in revenue in the fourth quarter, more than the $445.3 million consensus estimate for the quarter. In addition, DraftKings expects full-year revenue of $...
DraftKings, Roku, Deere and others
Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss a...
DraftKings Stocks Dives After Q4 Earnings Beat, 2022 Profit Guide
Updated at 9:35 am EST DraftKings (DKNG) – Get DraftKings Inc Class A Report shares slumped lower Friday posted stronger-than-expected fourth quarter earnings but forecast a much wider loss ove...
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 Reports Earnings Friday. Investors Want to See a Path to Profits.
Text size The DraftKings Sportsbook at the Brook in Seabrook, N.H. Scott Eisen/Getty Images for DraftKings Show us the money. DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day...
DraftKings stock price forecast ahead of earnings. Huge drop possible
The DraftKings (NASDAQ: DKNG) stock price is hovering near its lowest level this year as traders wait for the company’s quarterly earnings scheduled for Friday this week. The shares are trading at $23...
Is it worth adding DraftKings stock to your portfolio amidst Super Bowl 2022 ecstasy?
DraftKings Inc. (NASDAQ:DKNG) is a company that hit the news headlines this week, particularly pertinent to the weekend’s super bowl event. DraftKings is one of, if not the largest sports betting plat...
Shopify, Baidu, Walmart, Deere and DraftKings in Focus
Investors will focus on December quarter earnings for stocks that are economically sensitive, which should show better profits than technology stocks. Increasing Treasury yields and risk aversion coul...
Opinion: How to profit from your losses on those ‘Cathie Wood’ stocks
Americans have lost billions of dollars from their retirement funds in the past year as some of the most popular recent investments have come crashing down to earth. As our chart above shows, many of ...
DraftKings stock pops as Morgan Stanley highlights ‘Too Big an Opportunity to Ignore’
DraftKings stock (DKNG) popped as much as 18% on Wednesday following a bullish call from a Morgan Stanley analyst. The stock, which has struggled in recent months, settled up 5.2% on that day at $20....
Microsoft, Mattel, F5, DraftKings, Clorox and more
Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Corning — Shares of the tech and specialty glass company rallied more than 12% in...
DraftKings Alumni Launch 186 Ventures, A $37 Million Early-Stage Fund
Giuseppe Stuto (left) and Julian Fialkow (right) launched 186 Ventures after reaching an inflection … [+] point in their careers and angel investing. Evgenia Eliseeva In a capital-flush market, ...
DraftKings Stock, Caesars Stock Gain Ahead Of New York Online Sports Betting Debut
DraftKings (DKNG) and Caesars Entertainment (CZR) will be among the first to launch mobile sports betting in New York on Saturday. DraftKings stock and CZR stock popped. X The New York State Gaming Co...
Where Is Sports Betting Legal? A Guide To All 50 States
Dialing for Dollars: Mobile sports betting is now legal in 18 states— with more to come in 2022. getty Americans love to put a little action on their favorite sports team and states love the extra tax...
DraftKings Isn’t the Best Way to Play the Online Gambling Boom. Buy These 6 Stocks Instead.
Online sports gambling, once one of the hottest areas of the stock market, has fallen out of favor with investors. Investors worry about fierce competition and steep losses driven by heavy marketing a...