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...
Tag: Gambling Industries
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 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...
20 cheap value stocks that Wall Street expects to rise up to 58%
There are plenty of arguments for why the bull market for U.S. stocks will continue in 2022. But investors’ focus appears to have shifted recently in favor of value stocks, rather than the growth stoc...
The 8 worst-performing S&P 500 stocks with the highest ratings are expected to rebound by more than 50% over the next year
Investors don’t need to be told that stocks have been volatile. There’s a market of extremes as Russia’s war in Ukraine continues and investors wait to see what the Federal Open Market Committee does ...