You Searched For "draftkings" and got 20 results
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2 mins read
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
2 mins read
DraftKings and FanDuel are set to be the big Super Bowl winners amid record betting activity fueled by Taylor Swift
"Sports books are leaning in and offering Taylor Swift themed prop bets, mostly related to Travis K…
Filip De Mott
2 mins read
DraftKings jumps 17% as Morgan Stanley says investors should buy into a leader in the rapidly growing US betting market
DraftKings is among the leading players in the US betting market, and its growth potential is "too …
Carla Mozée
2 mins read
Morgan Stanley's CIO sticks by his forecast for a 13% S&P 500 sell-off, says FOMO-driven investors make records unsustainable
"We're going to be very selective and that's why we think you have to be a stock picker here, you c…
Matthew Fox
2 mins read
Stock market today: US futures rise as investors shrug off inflation and recession fears
US stock futures climbed on Thursday as Wall Street brushed off stubborn inflation and the news tha…
Theron Mohamed
1 min read
DraftKings apologizes after briefly offering a 'Never Forget' 9/11 anniversary-themed parlay
The sports betting giant is just the latest company to offer a cringe promotion on the solemn anniv…
Brent D. Griffiths
2 mins read
Cathie Wood's Ark ETFs bought the dip in DraftKings after a short-seller report sent shares tanking
Two of Cathie Wood's ETFs bought a combined 870,299 shares of DraftKings worth some $42.2 million a…
Will Daniel
1 min read
Hindenburg Research reveals DraftKings short position, says company is hiding black market operations
The short seller says up to 50% of DraftKing's SPAC partner SBTech's revenue comes from markets whe…
Will Daniel
1 min read
Legendary short-seller Jim Chanos reveals he is betting against DraftKings and DoorDash
For DoorDash, it's the lack of profit that caught Chanos' attention. For DraftKings, it's the high …
Natasha Dailey
1 min read
DraftKings sinks 12% after short-seller report claims online sports betting company is hiding illegal activity
"This report is written by someone who is short on DraftKings stock with an incentive to drive down…
Ethan Wu
1 min read
DraftKings jumps 8% as sports-betting company forecasts $1 billion in revenue for 2021
DraftKings gained after reporting a 44% increase in monthly unique players and upgrading its revenu…
Emily Graffeo
2 mins read
Short seller Jim Chanos says Americans are so bad at gambling that he's now bullish on the industry
Jim Chanos' bet against DraftKings underestimated "what bad bettors the US gamblers are," he told t…
Filip De Mott
2 mins read
DraftKings climbs 10% as Cathie Wood's ARK Invest loads up on shares
Cathie Wood's ARK Invest Next Generation Internet ETF currently holds over 600,000 shares of DraftK…
Will Daniel
1 min read
DraftKings extends gains after raising profit target at latest investor day
DraftKings stock rose for a second day, aided by its increased outlook for long-term adjusted EBITD…
Carla Mozée
2 mins read
DraftKings leaps 9% after Gov. Cuomo announces plan to authorize mobile sports betting in New York
New York stands to become the most populous state yet to embrace online sports betting, opening up …
Ben Winck
2 mins read
DraftKings soars 10% after beating earnings estimates and passing 1 million monthly payers
The sports-betting platform also lifted its 2020 and 2021 revenue estimates, hinging the improved f…
Ben Winck
2 mins read
US stocks slip from record highs as investors mull weak retail-sales data ahead of Fed decision
"Despite the 'transitory' message regarding inflation, some on the Committee must be twitching a li…
Isabelle Lee
1 min read
DraftKings climbs 5% after inking official sports-betting partnership with the NFL
The agreement will allow DraftKings to integrate its sports-betting content directly into licensed …
Carla Mozée
2 mins read
DraftKings surges 12% after Michael Jordan takes equity stake and special adviser role
The six-time NBA champion will advise DraftKings on topics including strategy, development, diversi…
Ben Winck
2 mins read
Popular sports-betting stock DraftKings slumps 10% after reporting a larger loss than expected
DraftKings said in a second quarter earnings release that it does not expect any long-term impact d…