Down 45% From Its Peak, This Growth Stock Could Look Like a Bargain in a Few Years
With the expansion of the sports betting industry, DraftKings has a lot of industry growth to benefit from these days.
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to DraftKings (DKNG). This makes it worthwhile to examine what the stock has in store.
DraftKings (DKNG) Ascends While Market Falls: Some Facts to Note
DraftKings (DKNG) concluded the recent trading session at $38, signifying a +0.88% move from its prior day's close.
DraftKings Stock Rises 14% in a Month: Time to Buy or Wait for a Dip?
DKNG benefits from increased customers in its online sportsbook and iGaming platforms, along with expanded product offerings.
DraftKings Is the Real MVP of the 2025 NFL Football Season
DraftKings Inc. NASDAQ: DKNG is best known for its online and mobile sports betting app, especially as the 2024 National Football League (NFL) season is underway. There are lots of mobile sports betting apps from competitors in the consumer discretionary sector like Flutter Entertainment plc NYSE: FLUT, FanDuel, MGM Resorts International NYSE: MGM, MGM Bet and PENN Entertainment Inc. NASDAQ: PENN, ESPN Bet.
DraftKings (DKNG) Sees a More Significant Dip Than Broader Market: Some Facts to Know
DraftKings (DKNG) closed the most recent trading day at $40.36, moving -1.42% from the previous trading session.
3 Reasons to Buy DraftKings Stock Like There's No Tomorrow
Recent volatility in DraftKings shares has now left the stock at an attractive level. In addition to sports betting, the company is also capitalizing on an entirely different market.
DraftKings to pay $200,000 over disclosure violations: US SEC
Sports betting company DraftKings has agreed to pay a $200,000 penalty for selectively disclosing material non-public information on social media accounts rather than to all investors, the U.S. Securities and Exchange Commission announced on Thursday.
DraftKings (DKNG) Soars 5.0%: Is Further Upside Left in the Stock?
DraftKings (DKNG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2 Sports Betting Stocks on the Rise Today
The widespread legalization of sports betting has plenty of investors scrutinizing the sector as a growth play, especially amid the NFL season.
DraftKings: Great Upside With Limited Downside
DraftKings is a compelling buy due to its first profitable quarter since 2020, strong brand, and ability to adapt to regulatory changes. Despite the Illinois tax hike, DraftKings is expected to manage the increased burden and maintain its market position, with projected EBITDA between $900M and $1B for FY 2025. The acquisition of Simplebet enhances DraftKings' micro-betting capabilities, offering real-time betting opportunities and driving user engagement, positioning it ahead of competitors.
DraftKings (DKNG) Rises Higher Than Market: Key Facts
DraftKings (DKNG) closed the most recent trading day at $39.64, moving +0.9% from the previous trading session.
