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The Latest Breaking News from DKNG

Dow Jones Futures Rise: Market Rally At Key Levels As Inflation Data Looms; Novo Nordisk Soars

The Nasdaq is just above its 50-day line with the CPI inflation report due. Novo Nordisk soared on news that slammed medtech stocks.

Investors Business Daily

DraftKings Stock Flirts With New Buy Signal After 167% Rally On Sports Betting Boom

IBD Stock Of The Day: DraftKings makes an interesting bet as it eyes a buy point. It boasts accelerating growth amid a wave of legal sports gambling.

Investors Business Daily

Entertainment Buy or Sell? Analyzing DraftKings (DKNG), Las Vegas Sands (LVS) and Golden Entertainment (GDEN)

The entertainment industry is expected to flourish due to technological advancements and evolving consumer demand. While the industry outlook may seem promising, let us analyze whether to Buy, Hold, or Sell entertainment stocks Golden Entertainment (GDEN), Las Vegas Sands (LVS), and DraftKings (DKNG). Read more to find out.

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DraftKings Climbs On Upgrade To Buy. Cathie Wood, ARK Invest Are Cashing In.

DraftKings was upgraded to buy as a strong name in an "appealing" gambling sector. DKNG stock jumped. Meanwhile, Cathie Wood, ARK Invest are taking profits.

Investors Business Daily

Dow Jones Futures Rise After S&P 500 Undercuts Low; Tesla Forges New Buy Point

The market correction saw further losses as Treasury yields soared. Tesla forged a new buy point as it's one of a few relatively resilient stocks.

Investors Business Daily

DraftKings (DKNG) vs. Monarch Casino & Resort (MCRI): Which Gambling Stocks is Worth Your Money Right Now?

The gambling industry is poised for long-term growth, supported by unprecedented growth of online gambling activities and rising accessibility. While gambling stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from the industry tailwinds, let us determine which is worth your money right now.

StockNews.com

New S&P 500 Entrant Airbnb And DKNG Lead 5 Stocks Near Buy Points

Airbnb, which is set to join the S&P 500 on Monday, and DKNG lead a watch list of stocks poised to make moves if the stock market can find its footing.

Investors Business Daily

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Dow Jones Futures Rise As Treasury Yields Near Key Levels; UAW Strike Underway

Futures were mixed as the 10-year Treasury yield neared 15-year highs, a day after the major indexes reclaimed key levels. A UAW auto strike has begun vs. GM, Ford and Stellantis.

Investors Business Daily

Is DraftKings (DKNG) a Buy in Time for Football Season?

With the football season starting this month, should investors buy sports betting stock DraftKings (DKNG) when it is facing stiff market competition? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

Unusual Activity in DraftKings Put Options Shows Traders Are Bullish

DraftKings reported Q2 earnings on Aug. 3 and today traders are piling into out-of-the-money DKNG put options in a near-term expiration. The amount of activity likely implies bullish sentiment.

Barchart

PENN vs. DKNG: Which Stock is a Better Bet?

With the sports betting stock battle heating up, which company should investors place their chips on now: Disney's new partner Penn Entertainment, or stock market standout DraftKings?

Barchart

As DKNG Stock Tumbles, Consider This Bearish Option Strategy

Traders who think DKNG stock will not reclaim the 50-day line could look at a bear call spread.

Investors Business Daily

ESPN-Penn Sportsbook Deal: PENN Stock Soars, DraftKings Tumbles

Penn Entertainment soared on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply.

Investors Business Daily

DraftKings Q2 Earnings Highlights: Revenue Beat, EPS Beat, EBITDA Profitability, Guidance Lift And More

Sports betting and iGaming company DraftKings Inc. reported second-quarter financial results after the market close

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Investors Business Daily

Dow Jones Futures Await Jobs Report; Amazon Soars On Earnings, AI Outlook As Apple Falls

Indexes resisted further selling despite soaring yields. Apple falls on iPhone sales late. The jobs report looms.

Investors Business Daily

DraftKings, IBD Stock Of The Day, Parlays New Entry With 170% Run-Up In 2023

Stock Of The Day: DKNG stock has surged 170% in 2023 but is eying a new entry. DraftKings is nearing profitability as sports betting booms.

StockNews.com

2 Gambling Stocks Every Investor is After -- 1 to Watch for Momentum

Technological innovation and the unprecedented rise in popularity of online gambling are driving the growth of the gambling market. Hence, it could be wise to buy fundamentally strong gambling stocks Boyd Gaming (BYD) and International Game Technology PLC (IGT), while DraftKings (DKNG) could be watched for momentum. Keep reading.

StockNews.com

DraftKings Inc. (DKNG) vs. Monarch Casino & Resort (MCRI): Which Stock Should You Buy Now?

The entertainment industry is poised for long-term growth supported by continuous technological advancements. While entertainment stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from rising interest in online gambling and sports betting, let us determine which could be a wise investment now.

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Barchart

How High Can DraftKings Stock Rise?

DraftKings stock is trading well below its all-time highs. Let's see if DKNG stock is a buy or a sell at its current valuation.

Investors Business Daily

This Cathie Wood Stock Is Outperforming Even Tesla

Cathie Wood has bet big on 10 stocks. Tesla stock has more than doubled in 2023, but it's not the strongest performer among Ark Invest's major holdings.

StockNews.com

DraftKings (DKNG) or Red Rock Resorts (RRR): Which Stock Should You Buy?

The rising penetration of online casino gaming, legalization of sports betting, and integration of newer technologies in the space are propelling the casino and gambling industry toward substantial growth. Hence, let’s compare these casino and gambling stocks, DraftKings (DKNG) and Red Rock Resorts (RRR), to determine which is a better…

StockNews.com

DraftKings (DKNG) vs. MGM Resorts International (MGM): Which Entertainment Stock Is a Buy or Sell?

Even though inflation is putting pressure on consumers’ discretionary spending, the entertainment industry is poised to remain resilient on the backs of robust demand. Given such industrial tailwinds, let’s compare entertainment stocks MGM Resorts (MGM) and DraftKings (DKNG) to discover which of these stocks is a better choice now. Read…

StockNews.com

Is DraftKings (DKNG) a Buy TODAY?

Sports betting and gaming company DraftKings’s (DKNG) steady revenue growth and its 2023 guidance upgrade raise optimism. However, its top-line growth does not translate to bottom-line improvement. So, is DKNG worth betting on? Let’s look at the company’s key financial metrics to find out.

Investors Business Daily

DraftKings Stock Ends Up Being A Good Bet

DraftKings has given multiple chances at gains this year. Here's our playbook for how we've handled it.

Kiplinger

9 Momentum Stocks to Buy Now

Want to ride the hot hand of the market? Consider these nine momentum stocks that are climbing the charts this year.

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