You Searched For "draftkings stock" and got 20 results
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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…
Carmen Reinicke
1 min read
Tilman Fertitta-backed Golden Nugget spikes 55% after DraftKings agrees to buy it for $1.56 billion
The deal, which involves two online-gaming giants, is expected to close in early 2022.
Isabelle Lee
2 mins read
The CEO of DraftKings says he's looked into adding crypto as a form of payment, but regulations are preventing it
"As of now, crypto is not an approved payment type in any of the states where we're live," Robins s…
Isabelle Lee
2 mins read
Crypto and clean-energy stocks are at the center of the latest meme stock rally sparked by Bed Bath & Beyond's massive surge in recent weeks
The meme-stock rally revolving around Bed Bath & Beyond also includes action in Roblox and Rivian, …
Carla Mozée
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
2 mins read
Long-term projections by some SPAC stocks are proving to be wishful thinking as Virgin Galactic misses 2021 revenue target by 98%
Nikola said during its SPAC IPO that it expected to generate about $150 million in revenue in 2021.…
Matthew Fox
2 mins read
Dow soars 506 points as stocks recoup nearly all losses from Evergrande sell-off
The S&P 500 is just 2% below its record high as investors shake off fears related to the Evergrande…
Matthew Fox
1 min read
Cathie Wood bought the dip in DraftKings after $20 billion Entain buyout news sent shares tumbling
Despite Wood's bullishness, on Thursday research firm Hedgeye said DraftKings was one of the best s…
Ethan Wu
2 mins read
There were no new SPAC debuts last week for the first time since March 2020, as signs point to the end of the blank-check craze
Bespoke Investment Group said 20 names in the SPAK ETF have lost roughly 50% since mid-February, wi…
Carla Mozée
2 mins read
Tech stocks rebound as bond-market turmoil and reflation trades fade
GameStop, AMC, and other Reddit favorites declined as retail traders' latest attempt at a short squ…
Ben Winck
2 mins read
Dow climbs 350 points on strong earnings and stimulus hopes
Stocks climbed on Friday as investors reacted to strong earnings reports and pinned hopes on furthe…
Matthew Fox
2 mins read
US stocks post 2nd straight weekly gain as vaccine optimism offsets virus spike
Stocks finished the week high as investor optimism towards a successful COVID-19 vaccine outweighed…
Matthew Fox
2 mins read
219 'blank-check' companies raised $73 billion in 2020, outpacing traditional IPOs to make this the year of the SPAC, according to Goldman Sachs
The biggest SPAC of the year goes to Bill Ackman's Pershing Square Tontine Holdings, which raised $…
Matthew Fox
2 mins read
BUZZ ETF dips in trading debut as investors pass on internet-favorite stocks
Barstool Sports founder Dave Portnoy endorsed the fund on Tuesday, praising it as an effective tool…
Ben Winck
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
3 mins read
US stocks climb as investors await policy guidance from the Fed
Investors also mulled August retail-sales data. Spending grew by just 0.6%, missing economists' est…
Ben Winck
3 mins read
Dow jumps 328 points as Oracle and Nvidia deals boost tech sector
The rally followed the S&P 500's first back-to-back weekly declines since March. The recent slumps …
Ben Winck
2 mins read
Instagram's most popular financial meme account is run by an anonymous Wall Street banker who says these 3 stocks could be the next GameStop
The founder of "Litquidity" told Insider DraftKings, Virgin Galactic, and Penn have meme potential.
Shalini Nagarajan
2 mins read
Stocks now in 'the painful stage' before a more balanced bull market emerges, Morgan Stanley chief US equity strategist says
Tech stocks' decline is ultimately "a healthy development for the bull market," as it drives invest…
Ben Winck
2 mins read
'Portnoy momentum' can drive Penn National 25% higher, Stifel says
Penn National has rallied 165% year-to-date, vastly outperforming the S&P 500's year-to-date return…