DraftKings, Inc. (DKNG)
|Net Income (ttm)||-477.56M|
|Trading Day||January 15|
|Day's Range||17.53 - 55.03|
|52-Week Range||11.17 - 63.78|
DraftKings is one of the top IPO stocks to watch, as gambling legalization gains steam. Here is what the fundamentals and technical analysis say about buying DKNG stock now.
The fantasy sports and gambling company is in a big market.
DraftKings (DKNG) closed at $54.92 in the latest trading session, marking a +0.53% move from the prior day.
The NBA sees concrete upsides to partnering with digital sportsbook companies.
In a market rife with speculation, the best speculation may be targeting value. The post 7 Great Speculations for 2021 appeared first on InvestorPlace.
DraftKings (DKNG) stock could hit new highs if New York state passes a sports betting bill now set for debate.
DraftKings looks like it will be a winner despite its high valuation. DKNG stock has an expected return of at least 36% based on more states allowing sports betting online.
Gambling stocks plunged in March, but have posted enormous rallies off the lows. These 4 names could be 2021 winners as well.
The COVID-19 pandemic absolutely crushed gambling stocks in late March of last year.
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2021 might be a great year to bet on gambling stocks.
The Drone Racing League announced an exclusive deal that gives DraftKings the title of official betting partner and access to DRL's "tech-setters" fan base.
DraftKings stock had a successful 2020 campaign as it went public. Now let's see if we can get DKNG stock on a dip before another rally.
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The sportsbook is getting off to a flying start with a new betting sponsorship.
Beginning today, mobile bettors in Colorado, New Hampshire, New Jersey, Tennessee and West Virginia will be able to wager on drone racing.
The Drone Racing League and DraftKings Take Flight with Official Sports Betting Agreement Ahead of Season Finale Races
NEW YORK and BOSTON, Jan. 8, 2021 /PRNewswire/ -- The Drone Racing League (DRL), the global, professional drone racing property, today announced a deal with DraftKings Inc. (Nasdaq: DKNG) to m...
DraftKings (DKNG) closed the most recent trading day at $49.77, moving +1.58% from the previous trading session.
Gaming stocks jump as N.Y. Gov. Andrew Cuomo proposes online betting legalization
CNBC's Contessa Brewer reports on how gaming stocks are jumping as New York Governor Andrew Cuomo proposes online betting legalization. For access to live and exclusive video from CNBC subscri...
SPAC stocks were all the rage in 2020. However, these 10 have proved to be the most entertaining, even if they're not the most profitable.
DraftKings, MGM, Other Gaming Stocks Rise As New York Gov. Cuomo Eyes Legalizing Online Sports Betting
DraftKings and other gaming stocks got a boost Wednesday as New York Gov. Andrew Cuomo seems closer to allowing online sports betting in the state.
Gov. Cuomo to embrace online betting --- says New York could be 'largest sports wagering market in the United States'
DraftKings rallied as much as 8.8% on Wednesday after New York Gov. Andrew Cuomo revealed legislation to allow for mobile sports gambling in the state. The move stands to make New York the mos...
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts be...
Sports betting could soon get another big outlet.
A bet on DKNG stock is a bet on sports betting becoming a nationwide business and TV networks dominating the marketing of it. The post It's Still a Good Time to Bet on DraftKings Stock appeare...
Supporting the case for being constructive on stocks in 2021is the sheer depth of where hot stocks hail from. Last year, the technology and consumer discretionary sectors were the two largest ...
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Peloton and DraftKings
Even after a massive run-up in the DKNG stock price, there's still room to charge ahead as DraftKings continues to make value-added deals. The post Fulfill Your Sports Betting Fantasy with a S...
Investors whose portfolios outperformed the market in 2020 may have to work harder to pick winners in the year ahead.
These market-beating stocks have been among the top buys of the past year.
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These are the big IPOs to watch in 2021, according to FirstMark Capital's Rick Heitzmann
Rick Heitzmann, FirstMark Capital founder and partner, joins CNBC's "Fast Money" to lay out his forecast for the IPO market in 2021.
DraftKings Inc. (DKNG) closed at $48.11 in the latest trading session, marking a -1.74% move from the prior day.
Casinos were shut down for part of the year but online gambling was the real focus for investors.
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The year 2020 has witnessed a monumental rise in the IPO and M&A field is the rise of Black Check or Special Purchase Acquisition Company (SPAC).
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Sports betting enthusiasm gave my investment portfolio an unexpected boost.
Viewers ask about airlines, Virgin Galactic and DraftKings
Viewers ask about American Airlines, Virgin Glactic and the outlook for DraftKings. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour and Dan Nathan.
The past year was a strong one for stocks. But these four growth stocks in particular are likely to continue performing well throughout 2021.
DraftKings co-founder discusses sports betting deals as NBA season opens tonight
Matt Kalish, DraftKings North America president and co-founder, joins 'Closing Bell' to discuss its sports betting deals with the NBA.
Here we discuss three gaming stocks, CCOEY, DKNG and PENN, which have gained more than 100% in 2020 from coronavirus-induced spike in video games sales, online viewing of e-sports and e-sports...
DraftKings Inc. (DKNG) closed at $53.26 in the latest trading session, marking a -1.19% move from the prior day.
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Betting online may be the future of sports gambling.
DraftKings Inc (NASDAQ: DKNG) shares are trading lower on Friday amid reports the Ohio sports betting bill did not reach the Senate floor in the final days of the legislative session DraftKing...
DraftKings has seen a lot of bullish options in the month of December. The bets are likely due to talks that more states will allow online betting.
Nasdaq Hits Another High; Lululemon, DraftKings, Exact Sciences In Focus
The Dow, S&P 500 and Russell 2000 also hit new highs Thursday as more breakouts emerged. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock l...
DraftKings operates as a digital sports entertainment and gaming company in the United States. The company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms. DraftKings Inc. is headquartered... [Read more...]
Jason D. Robins
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In 2019, DraftKings's revenue was $96.86 million, an increase of 2.88% compared to the previous year's $94.15 million. Earnings were $4.58 million, a decrease of -82.91%.
According to 25 analysts, the average rating for DraftKings stock is "Buy." The 12-month stock price forecast is 60.39, which is an increase of 12.46% from the latest price.