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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
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
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
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
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
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
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
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
Sports betting platform DraftKings plunges 13% after COVID outbreak halts MLB games
Major League Baseball canceled two Monday games after four members of the Miami Marlins tested posi…
Ben Winck
1 min read
DraftKings climbs 7% after beating earnings estimates and boosting full-year sales forecast
The company posted quarterly revenue of $298 million, topping Wall Street's estimates, and revised …
Isabelle Lee
4 mins read
US stocks close mixed as tech slump overshadows Fed's plans for long-term support
Central bank policymakers signaled on Wednesday near-zero interest rates would last through 2023 to…
Ben Winck
2 mins read
DraftKings soars as much as 18% after making trading debut amid sports lockdown and intense market volatility
The betting platform went public through a unique merger that allows shares to begin trading withou…
Ben Winck
1 min read
Sports-betting stocks slump amid growing concerns that college football will be cancelled entirely
On Monday, sportscaster Dan Patrick said that the Big 10 and Pac-12 conferences will cancel their c…
Carmen Reinicke
6 mins read
Sin stocks are shares in companies whose business can be considered unethical — here's why they're so enticing and the major players
Sin stocks are public companies engaged in activities or industries considered unethical or immoral…