The Latest Breaking News from DKNG

DraftKings stock took a hit after revising its fiscal year 2024 revenue and adjusted EBITDA forecasts downward.

DraftKings (DKNG) posted mixed second-quarter results, surpassing earnings expectations but missing the consensus estimate for revenue. With prevailing macroeconomic risks, legal challenges, and deteriorating financial health, should investors consider DKNG a buy before the next sports betting rise? Read on to know more.

Goldman Sachs says these growth stocks, which are highly rated on Wall Street, are on their way to profitability in 2025.

With markets hitting new highs this June, analysts recommend these two standout stocks because of their strong growth potential.

Discover why Wall Street analysts are largely bullish on DraftKings, with expectations of significant upside, in our latest deep dive on the stock's performance and future prospects.

In Thursday’s trading, 636 unusually active options expiring in 21 days or longer. Of those, 35 stocks had at least four contracts in the mix. Here are the three stocks to buy now from this exclusive group.

DraftKings has posted a strong performance in 2024 but analysts think there is more upside for the stock. Here’s what you need to know.

The increasing popularity of digital platforms and the relaxation of gambling laws are projected to boost the entertainment industry’s prospects. While entertainment stocks DraftKings (DKNG) and International Game Technology (IGT) are well-placed to benefit from the industry tailwinds, let’s find out which stock is a better buy now. Read on... .

The gambling industry's growth trajectory is undeniable, fueled by increasing popularity and the rapid expansion of online platforms. So, let’s analyse leading stocks Draftking (DKNG) and Sands China (SCHYY) to determine whether to Buy, Hold, or Sell them.

As the sports betting market heats up ahead of March Madness, both Penn Entertainment and DraftKings present potential buy-the-dip opportunities after their latest earnings reports. But which stock is a better buy at current levels?

DraftKings said in its latest earnings release that it expects to make between $310 and $410 million in free cash flow this year. DKNG stock's value could be worth at least 50% more if it occurs.