DraftKings (DKNG) Stock Falls as Illinois Senate Passes Sports Betting Tax
DraftKings (NASDAQ: DKNG ) stock fell 7% over the weekend after the Illinois Senate passed a hike to the state's sports betting tax. The Senate package is different from a bill already approved by ...
DraftKings and FanDuel Stocks Drop on Sports Betting Tax Hike
This new move would make Illinois the second most expensive state for online sports gambling companies to operate in.
Buy The Dip On This Sports Betting Stock
DraftKings (DKNG) has been choppy since its Mar. 27 two-year high of $49.57, with 2.8% post-earnings bear gap on May 3 not helping matters. Last seen down 3.3% to trade at $42.42 and on track for a...
3 Soaring Stocks I'd Buy Now With No Hesitation
The so-called Amazon of Latin America, MercadoLibre may end up dishing out Amazon-like gains by being in the right place at the right time. DraftKings' unprofitable start is about to undergo a swee...
The 7 Most Undervalued Under-$50 Stocks to Buy in May 2024
As earnings season winds down, the long-awaited shift from growth to value seems to be emerging. Many tech stocks are down despite good earnings as investors hunt for bargains.
1 Wall Street Analyst Thinks DraftKings Stock Is Going to $52. Is It a Buy Around $42?
Analysts at Benchmark slightly raised the firm's price target to $52 following a beat-and-raise quarter. DraftKings beat revenue expectations, and management raised guidance for the full year.
DraftKIngs Q1 earnings shows revenue increased over 50%
DraftKings (DKNG) posted first-quarter earnings results, showing revenue increased over 50% year-over-year. According to the report, part of their success is due in part to stronger-than-expected c...
DraftKings Isn't Gambling on Its Innovation-Fueled Customer Acquisition Strategy
When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy sports contest and sports betting company DraftKings, which on Fr...
DraftKings raises full-year revenue guidance on strong Q1
DraftKings Inc (NASDAQ:DKNG) shares moved higher in premarket trade after the fantasy sports betting business upped its full-year revenue guidance on the back of a strong first quarter. The company...
DraftKings Q1: Strong Customer Acquisition and Product Innovation
DraftKings NASDAQ: DKNG is a prominent player in the online sports entertainment and gaming industry. Draft Kings' earnings report for the first quarter of 2024 was recently released, showcasing i...
Missed Out On the Run-Up in Artificial Intelligence (AI)? Here's the Next Big Trend Investors Need to Know About -- and One Stock to Buy and Hold F...
Sports wagering has skyrocketed in popularity since the U.S. Supreme Court struck down a federal ban in 2018. Total revenues on sports betting have grown 11x in only four years, and 38 U.S. states ...
DraftKings Stock Hoping For Another Post-Earnings Pop
DraftKings Inc (NASDAQ:DKNG) steps into the earnings confessional after the stock market closes on Thursday, May 2.
DraftKings Inc. (DKNG) Is a Trending Stock: Facts to Know Before Betting on It
DraftKings (DKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Is DraftKings Stock Going to $60? 1 Wall Street Analyst Thinks So.
Legalized betting could be quite the motor of growth for online wagering operators like this one. That's why the pundit in question thinks the shares could zoom roughly 46% higher.
DraftKings (DKNG) Laps the Stock Market: Here's Why
DraftKings (DKNG) closed the most recent trading day at $41.20, moving +1.45% from the previous trading session.
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