ESPN is betting on DraftKings.
Sports betting giants DraftKings Inc (NASDAQ:DKNG) and PENN Entertainment Inc (NASDAQ:PENN) will report third-quarter earnings tomorrow, the former after the close and the latter before the open.
DKNG's third-quarter results may show solid revenue growth from innovation and iGaming strength, though higher taxes and expansion costs can weigh on profit.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
The latest trading day saw DraftKings (DKNG) settling at $30.14, representing a -1.66% change from its previous close.
DraftKings (DKNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of DraftKings (DKNG) fell 10.2% over the past week, dropping to $31.16 from $34.70, coinciding with a dramatic collapse in retail investor sentiment on Reddit.
DraftKings (DKNG) stock has dipped by 22.1% in under a month, from $42.32 on 9/26/2025 to its current price of $32.96. What is on the horizon?
Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
DraftKings (DKNG) concluded the recent trading session at $33, signifying a -4.9% move from its prior day's close.
The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.
The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA).