The Latest Breaking News from DKNG

    DraftKings (NASDAQ:DKNG) reported its Q1 earnings results on Friday, May 6, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings  

DraftKings (NASDAQ:DKNG) is set to give its latest quarterly earnings report on Friday, 2022-05-06. Here's what investors need to know before the announcement. Analysts estimate that DraftKings will report an earnings per share (EPS) of $-1.16.

Someone with a lot of money to spend has taken a bearish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

DraftKings Inc (NASDAQ:DKNG) has partnered with memorabilia and NFT company Metabilia to supply NFT on DraftKings Marketplace. The collaboration has introduced Membership NFTs for fans to chronicle the careers of top young players. The NFTs will feature star major leaguers beginning with Vladimir Guerrero Jr, Ronald Acuña Jr, Shane Bieber, Wander Franco, Joe…

DraftKings (NASDAQ:DKNG) has outperformed the market over the past 5 years by 636.17% on an annualized basis producing an average annual return of 648.54%. Currently, DraftKings has a market capitalization of $5.76 billion.

The gambling industry is expected to thrive in the post-pandemic environment due to the tourism industry's rebound and rising disposable income. Furthermore, online gambling and sports betting are becoming extremely popular due to advanced technologies and added convenience. Given this backdrop, we think the stocks of fundamentally sound companies Full…

Amid galloping inflation, the Fed’s hawkish stance, rising U.S. Treasury yields, an ongoing geopolitical crisis, and deepening supply chain disruptions, the stock market is expected to remain volatile. But despite these macro headwinds, it could be profitable to invest in financially solid stocks with promising growth potential. Thus, Wall Street…

New indications of forthcoming aggressive interest rate hikes by the Federal Reserve and further sanctions against Russia have dampened investor sentiment again, despite a seemingly recovering economy. Therefore, we think it could be wise to avoid fundamentally weak stocks Hycroft Mining (HYMC), SoFi Technologies (SOFI), DraftKings (DKNG), and Opendoor Technologies…

DraftKings Inc (NASDAQ:DKNG) and the Mashantucket Pequot Tribal Nation have agreed to expand their relationship to offer DraftKings online and retail sports betting in Puerto Rico. The move comes after Foxwoods and DraftKings launched sports betting and iGaming in Connecticut in October 2021. The DraftKings retail sportsbook will be located inside the Foxwoods…

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Sports betting company DraftKings Inc (NASDAQ: DKNG) is pushing further into the non-fungible tokens market with a new series planned around college basketball.