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The Latest Breaking News from DKNG

Market volatility is widespread ahead of the Fed’s September rate hike. Moreover, experts are wary of the near-term market uncertainties. Given this volatile backdrop, it could be wise to avoid fundamentally weak stocks NIO (NIO), Twitter (TWTR), Lucid Group (LCID), DraftKings (DKNG), and AMC Entertainment (AMC). Keep reading….

StockNews.com

Better Buy: DraftKing vs. Boyd Gaming Corp.

Increasing smartphone penetration and rising technological advancements have driven the gaming and gambling industry’s growth. While DraftKings (DKNG) is expected to benefit from increasing inclination toward online gaming, Boyd Gaming (BYD) should benefit from reviving foot traffic in physical casinos. But which of these stocks is a better buy now?…

StockNews.com

3 Stocks Hitting the Panic Button Right Now

The market is expected to remain under pressure with inflation still far higher than the Fed’s target level, consecutive rate hikes, and rising geopolitical issues. Given the increasing odds of a recession, fundamentally weak stocks, DraftKings (DKNG), Carvana (CVNA), and Flux Power (FLUX) are hitting the panic button now. Thus,…

StockNews.com

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If You Invested $1,000 In DraftKings (DKNG) Stock At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.

Benzinga

DraftKings Q2 Earnings Highlights: Revenue Beat, Company Raises Guidance, Optimistic On More State Sports Betting Launches

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results before the market open Friday. Here are the key highlights for investors.

Benzinga

Penn National Gaming, DraftKings Get Upgrades But The Stocks Are Still A Gamble

PENN and DKNG had their price targets raised by analysts. But even after a record year, it's still best to avoid gaming stocks.

Investors Business Daily

Is DraftKings Stock a Buy Under $15?

Digital sports entertainment and gaming company DraftKings Inc. (DKNG) has been making several positive developments and generating solid revenues, but it’s unable to channel its revenues to become profitable. So, let’s find out if it is wise to bet on the stock at the current price level.

StockNews.com

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DraftKings Extends Partnership With UFC To Include Gamified NFT

DraftKings Inc (NASDAQ:DKNG) and the mixed martial arts organization UFC plan to launch a new iteration of DraftKings' 'Reignmakers' gamified digital collectibles franchise focused on UFC. Reignmakers UFC will allow fans to build collections of their favorite UFC fighters and utilize them in games to compete for prizes. The parties expect the first…

Benzinga

5 Small-Cap Growth Stocks Wall Street Believes Will Double in the Next 12 Months

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

StockNews.com

Expert Ratings for DraftKings

Analysts have provided the following ratings for DraftKings (NASDAQ:DKNG) within the last quarter:

Benzinga

Check Out What Whales Are Doing With DKNG

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.

Benzinga

5 Meme Stocks That Have Plummeted 50% or More YTD

Meme stocks gained attention last year, with the shares of numerous fundamentally poor companies soaring to unsustainable price levels owing solely to retail traders' interest in them. However, the gains by these stocks could not be sustained for long, with the prices of many plummeting back to earth this year.…

StockNews.com

This Is What Whales Are Betting On DraftKings

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.

Benzinga

This Is What Whales Are Betting On DraftKings

Benzinga

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Benzinga

Analyst Ratings for DraftKings

DraftKings (NASDAQ:DKNG) has observed the following analyst ratings within the last quarter:

Benzinga

DraftKings Q1 Earnings Highlights: Revenue Beat, Raised Guidance, New NFTs And More

Sports betting and online gaming company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results Friday before the market open. Here are the key highlights and why shares are trading higher.

Benzinga

Recap: DraftKings Q1 Earnings

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

Benzinga

Earnings Preview For DraftKings

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.

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Benzinga

This Is What Whales Are Betting On DraftKings

Benzinga

Several Young Athletes To Introduce NFTs On DraftKings Marketplace - Guess Who

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…

Benzinga

Here's How Much You Would Have Made Owning DraftKings Stock In The Last 5 Years

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.

StockNews.com

2 Gambling Stocks to Buy, 2 to Avoid

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…

StockNews.com

5 Hard-Hit Stocks That Could Jump 65% or More, According to Wall Street

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…

StockNews.com

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…

Benzinga

DraftKings Expands Partnership With Mashantucket Pequot Tribal Nation

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…

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